joeorc, I seem unable to reply or quote on this forum, so I always need to do fresh posts, but...
I'm not quite sure what you're saying. It has nothing to do with what the CEO is doing, Sony's situation is getting worse. I felt they were junk (from an investment perspective only) months ago. They are making a profit as a complany, but their interest payments on their debt is greater than their profit, so their debt is growing. There is almost no way out of the hole. Investment advisors tend to be reactionary and not see things until after they happen, but this rating should have been on there some time ago. There is nothing corrupt about these ratings....they just should have been this way before Sony started hopelessly hacking away at their company.
Essay Pro