S&P and rating institute always make a research after act not before accident, only a small investor make a research before accident. The research institute can upgrade their research after a research object better than first result.
2008/2/14, BI9 80SS <[EMAIL PROTECTED]>: > > *Financial institutions to find 2008 a difficult year - S&P* > > > > Mumbai (ANTARA News/Thomson Financial) - Standard & Poor's Ratings > Services said financial institutions will continue to be tested in coming > months, maybe in a "significant" way, depending on the length and depth of > the economic slowdown. > > The rating agency said credit and liquidity problems have quickly > developed as significant factors affecting issuers and investors. > > The speed at which they have become apparent and their severity have taken > market participants by surprise, S&P said in a report. > > "Fortunately, many financial institutions entered this down cycle from a > position of strength. But as the dislocation becomes protracted, they're > clearly using that strength up," the ratings agency added. > > Despite the fears of recession and deteriorating asset quality, lower > earnings won't necessarily translate into lower ratings, the report said. > > S&P's credit analyst Victoria Wagner said the ratings agency has built a > normal cyclical decline into the ratings, as well as considerations of > improved risk management, and it will consider ratings changes in the > context of the larger economy, as well as in comparison to how institutions > with similar profiles are faring. > > "For the most part, our rating actions and outlook changes have been > related to outliers with respect to risk management lapses and outsize > concentrations of risk," Wagner said. (*) > COPYRIGHT (c) 2008 > > > ------------------------------ > Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it > now.<http://us.rd.yahoo.com/evt=51733/*http://mobile.yahoo.com/;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ> > > >
