Thursday, March 12, 2009

S&P Cuts GE's AAA Credit Rating - And Then There Were Five

Interestingly only five non financial firms continue to receive S&P's coveted AAA rating. With Moody's coveted Aaa rating there are even less - the lowest numbers since the firm's inception.

An interesting factoid - the number of AAA rated companies have dropped by 90+% in the last thirty years. How's globalization working for you?
posted by TimingLogic at 11:18 AM