I don’t like that they’re fleecing the corporate bond market after privatizing the majority of their upside. Yes, I wanted them to issue their junk bonds even earlier.
What I really want above all else is for credit rating agencies to not face pressure to rerate them favorably because they’re deemed too big to fail.
What I really want above all else is for credit rating agencies to not face pressure to rerate them favorably because they’re deemed too big to fail.