September 16, 2008

The Rockwell Credit Scale?

Writes Craig Rowland: "I read your recent rating of AIG: 'Here's my rating: BROKE.' I almost spit my drink out onto the screen from laughing. The finance world could use an honest credit rating agency. Forget this Aaa, Aa, A, Baa, etc. stuff. We need a Rockwell Credit Scale from highest to lowest:

May be OK, but stay diversified
Crooks
Big Crooks
Really Big Crooks
Complete and Total Shysters
BROKE!

"I really think you have a second career possibility here."

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