Category: Analysts, Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Replacing Ratings”

  1. DeDude says:

    Yeah that was a great idea. Lets remove ratings from capital requirements and instead use something that puts them 5-fold lower than the levels that clearly were not enough 5 years ago when the sh*t hit the fan. Again let me suggest that ratings simply be based on the rate of default insurance from well capitalized insurance companies – and capital requirements be several fold more restrictive than that (with max leverage of 10x regardless or how low risk is). It is regulators jobs to stop banksters from blowing up the financial system, not to help them make more profit.