Twitter's Credit Rating Withdrawn by S&P on Lack of Information (google.com) 5 points by VagueMag 3y ago ↗ HN
[–] codefreeordie 3y ago ↗ more likely as retaliation for what is currently underway (or in anticipation of the retaliation coming) [–] salad-fan 3y ago ↗ Nah. S&P have to handle this kind of thing very carefully, so that they don’t lose the market’s trust. It’s impossible to imagine them sabotaging themselves just for some silly punitive action against a tiny company like Twitter. [–] mikkergp 3y ago ↗ What did Twitter do to S&P?
[–] salad-fan 3y ago ↗ Nah. S&P have to handle this kind of thing very carefully, so that they don’t lose the market’s trust. It’s impossible to imagine them sabotaging themselves just for some silly punitive action against a tiny company like Twitter.
[–] pannSun 3y ago ↗ The same S&P that had no trouble rating billions of worth of worthless CDOs as AAA quality, has suddenly become much more cautious.https://en.wikipedia.org/wiki/Standard_%26_poors#Role_in_the... [–] halpmeh 3y ago ↗ Not suddenly. You're like 14 years late.
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[ 3.4 ms ] story [ 21.7 ms ] threadhttps://en.wikipedia.org/wiki/Standard_%26_poors#Role_in_the...