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Credit Rating Agency always behind curve.

They always downgrade only when thing got sour, by then it is already too late.So what so good about this rating agency?

Some fund are already avoiding them. Credit rating is only useful when they warn ppl long before thing come to pass.

So now, who rate these guy, who could derail mkt???

Becasue of them , Euro debt crises is make even worse.

Time to forgo these rating .