…fell by 6. The AAA universe shrank by 2 economies – more is to come with imminent downgrades in Europe. 2007-2011 in charts: moving down in quality 2007… …Vs. 2011…

…coincident that the twenty countries still rated AAA (with the possible exception of New Zealand) all either are tax havens, authoritarian “democracies” (Hong Kong and Singapore) or have Mandatory National…

…too much on its previous AAA rating in actively valuing the bonds and bills. And even if they did, they should be only minimally bothered by its current AA+ rating….

Find a set of Mortgage-Backed Securities that are (1) still rated AAA by S&P, (2) have a WAL the same as (close to) an on-the-rin US Treasury, and (3) still…

…when those products were nonetheless rated AAA. (Yeah, rating agencies were in on the game too, but the banks were tailoring their synthetic CDOs to match the known rating agency…

…on 10% of the securities at a price typical of CDS on AAA corporate bonds, I’d be willing to buy them (Provided Goldman Sachs promised not to buy CDS on…

…less than 10 companies rated AAA 3) A member of the Dow 30 Industrial Average. So you think some Insurance Examiner could have foreseen the risk that eluded all the…

…banks had bought a lot of low-caliber or subprime loans, wrapped some insurance around it from AIG, and said, presto, we have a AAA, a security on our balance sheet….

…security?” the previous proclivity to rate paper AAA based on the idea that the U.S. Government would make investors whole in the case of a crisis* contributed to rating inflation….

by reader ilsm More reason to worry about the USA’s AAA bond rating. The Navy, Air Force, Marine Corps, United Kingdom Joint Strike Fighter, F-35 Lightning II (see P-47 from…