loy310 said:
You are both over looking the point of joeorc post, it's not a kill the messenger thing, more like a conflict of interest thing, how hard is it to argue that joeorc? Kowen, the Italian gov can be corrupt but rateing agencies can't? Joes links make a pretty good case against them to the point where it makes this thread almost irrelevant. This rateing topics have been the only topic fanboys have been clinging to for the whole 2012, all the rating does is affect how much Sony pay to get a loan, does not mean Sony is going belly up or don't have cash to spend on ps4 or vita, we are stll getting great games. Just another troll topic for the fans. |
Actually. Yes. If you knew anything about world policies you'd know that Italy is in fact corrupt... and the rating agencies are not.
These charges are just retaliation for Italy's financial problems and the credit ratings drops on there country. Which were deserved and looong overdue. It's a political show for the Italian people. Just about anyone who pays attention to financial news could tell you this.
Credit Agencies are usually cautious by nature because the last thing you want to do is drop a company's status and it end up fine.
Also... how much Sony has to pay to get a lone... has a lot to dowith cash on hand... espiecally going foward. Since more interst means less cash on hand.