8/4/2019 Kal Korff Aug 27 2011 - Inside Standard & Poors' Poor Standards

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8/4/2019 Kal Korff Aug 27 2011 - Inside Standard & Poors' Poor Standards

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Mgvz|jcbp ª <688 lz Khn K% Kg|ii ! HNN \JCBP] \D]D\YD@% Eg vh|p gi pbj} mgepdep ahz ld |dv|g`tmd` je hez ig|a eg| lz hez adhe} sjpbgtp pbd drv|d}}. s|jppde mge}dep gi Khn Kg|ii% „Ihj| t}d.‑ `gd} EGP hvvnz% Lz |dh`jec pbj}`gmtadep. zgt sjnnjecnz hc|dd pg ld ndchnnz lgte` lz jp} pd|a} he` mge`jpjge}% Yjgnhpg|} gi pbj} vgnjmz sjnn bhyd hidngez @AMH Mgvz|jcbp jei|jecdadep egpjmd ijnd` hchje}p pbda sjpb nhs deig|mdadep% Ij|}p pjad giide`d|} ahz ldijed` tv pg $466.666. jav|j}ged` ig| ijyd zdh|}. g| lgpb% Ig| |dvdhp giide`d|}. pbd ahrjata vdehnpz jem|dh}d} pg hijed gi $8.666.666. jav|j}geadep ig| tv pg pde zdh|}. g| lgpb% Pbj} j} h @AMH v|gpdmpd` `gmtadep. jnndchn mgvzjec he`'g| |dv|g`tmpjge gi jp} mgepdep} h|d p|hmkd` ge pbd Jepd|edp he` |dvg|pd` pg nhs deig|mdadep ig| idngez v|g}dmtpjge%

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Mgvz|jcbp ª <688 lz Khn K% Kg|ii ! HNN \JCBP] \D]D\YD@% Eg vh|p gi pbj} mgepdep ahz ld |dv|g`tmd` je hez ig|a eg| lz hez adhe} sjpbgtp pbd drv|d}}. s|jppde mge}dep gi Khn Kg|ii% „Ihj| t}d.‑ `gd} EGP hvvnz% Lz |dh`jec pbj}`gmtadep. zgt sjnnjecnz hc|dd pg ld ndchnnz lgte` lz jp} pd|a} he` mge`jpjge}% Yjgnhpg|} gi pbj} vgnjmz sjnn bhyd hidngez @AMH Mgvz|jcbp jei|jecdadep egpjmd ijnd` hchje}p pbda sjpb nhs deig|mdadep% Ij|}p pjad giide`d|} ahz ldijed` tv pg $466.666. jav|j}ged` ig| ijyd zdh|}. g| lgpb% Ig| |dvdhp giide`d|}. pbd ahrjata vdehnpz jem|dh}d} pg hijed gi $8.666.666. jav|j}geadep ig| tv pg pde zdh|}. g| lgpb% Pbj} j} h @AMH v|gpdmpd` `gmtadep. jnndchn mgvzjec he`'g| |dv|g`tmpjge gi jp} mgepdep} h|d p|hmkd` ge pbd Jepd|edp he` |dvg|pd` pg nhs deig|mdadep ig| idngez v|g}dmtpjge%