UK's AAA credit rating threatened by 'formidable challenges'

[minestrone]

I'll consider doing it for £10000.00+VAT

"many organisations are forced to buy or sell on the basis of ratings"

I am just asking you to give me one organisation.

Just one.

one

1

[AtW]

"many organisations are forced to buy or sell on the basis of ratings"

I am just asking you to give me one organisation.

Just one.

one

1

When you deposit £10k+VAT (@ 20%) into escrow then I'll consider your offer, until then go do your own research.

[minestrone]

When you deposit £10k+VAT (@ 20%) into escrow then I'll consider your offer, until then go do your own research.

You have a very clear chance to turn me over here, all you have to do is back up your statement and I am not going to ask for many as you stated. Just one.

Mind you, you are the pumpkin that told us all that twitter was down 50% of the time. The one billion link virgin strike again.

[AtW]

You have a very clear chance to turn me over here, all you have to do is back up your statement and I am not going to ask for many as you stated. Just one.

All you have to do is to deposit £10k+VAT and I'll consider your offer.

Actually make it £20k+VAT because dealing with idiots like yourself in my opinion requires extra efforts and patience.

[minestrone]

All you have to do is to deposit £10k+VAT and I'll consider your offer.

Actually make it £20k+VAT because dealing with idiots like yourself in my opinion requires extra efforts and patience.

I am downgrading you to a c- poster.

[AtW]

minestrone's post was hidden because his IQ is below set limit of 50

[aussielong]

You have a very clear chance to turn me over here, all you have to do is back up your statement and I am not going to ask for many as you stated. Just one.

Mind you, you are the pumpkin that told us all that twitter was down 50% of the time. The one billion link virgin strike again.

He's right in a way. eg. Any bank that has its rating downgraded will immediately have to post more collateral on its debt. This can cost them mightily.

[centurian]

Numbskull, I am asking you to provide evidence that organisations are forced to buy or sell on the back of ratings. You claimed it now back it up.

Atw is right, although it is hard to find very precise examples, because there is often no law with specific wording - laws are drafted to give regulatory authorities (FSA/SEC etc.) the power to issue binding guidelines.

Banks are forced to hold capital of certain ratings under Basel II arrangements - the exact details left to individual countries regulatory authorities

Pension or investment funds marketed as "safe" must hold assets rated at a certain level by a designated number of ratings agencies.

But when an asset gets downgraded, it can be very hard to determine if sellers jumped or pushed.