…The innovation lead to the translation from AAA, which means at least as valuable as the least valuable AAA rated security to “AAA” which means the least valuable AAA rated…

…AAA out of not AAA, therefore allowing those people who have AAA written on their forehead to buy.” While the Morgan Stanley deal is the first to involve CDOs of…

…AAA rating can still choose to hold that instrument in order to keep its requried capital low. Any instrument that clears the AAA bar with room to spare has wasted…

…of any CDO got AAA were and are appropriate given the definition of AAA (almost certain full payment on time) and uncertainties concerning CDOs. Basically if an agency doesn’t fully…

…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…

by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…

…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…

Via Ellie Lang, the NYT (no link, unless this works) lists thirteen (13) countries that have a AAA credit rating from S&P: Switzerland Hong Kong Sweden Germany Canada Denmark Britain…

…All with a AAA balance sheet. Safe, stable investment. At least until the Noughts. Sidebar: In the distant past, I traded for a AAA-rated bank. (You can read all about…

…is reasonable. A price increase does not have to take place today “Average price of gas jumps 11 cents overnight in the US, AAA reports,” Arizona’s Family NEW YORK (AP)…