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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: JHP who wrote (85838)11/24/2000 2:34:24 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
John, Credit rating agencies are always after the fact cos. and this gives no hint as to whether FMO will go belly up or rally. It is a spec, almost option priced now. My feeling is they will come back, but this rating drop will make it harder to raise money for liquidity. Basically, nothing much different than before.