Love And Dominance: The Politics of AAA |
February 29, 2016 | February 2016 Bond Updates |
Exxon Mobile, the largest publicly traded oil company, is one of only three American companies to remain AAA-rated. Last week, its rating outlook by Moody’s slipped from stable to negative. What is an outlook? What is a rating? What does the AAA signify? The next few paragraphs are an up-close look at how global credit ratings invisibly shape Asian credit markets. |
View more at: http://www.forbes.com/sites/annrutledge/2016/02/28/love-and-dominance-the-politics-of-aaa/ |
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