SONY set to JUNK status

[SvennoJ]

kowenicki said:

To help clarify..... here are the Fitch ratings:  SONY long term rating is BB- ,so BB but moving toward B.  Short term is now BB, which is equivalemt to BB or B on the long term scale below)

 

So BB- is junk as in how a 6 for a game is worthless piece of crap?