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Re: Two_Beers_Please post# 45424

Thursday, 08/17/2006 2:40:59 PM

Thursday, August 17, 2006 2:40:59 PM

Post# of 169274
Two beers, that is insurance company ratings, not sovereign debt.

Debt is rated as follows:
Aaa/AAA= Prime
Aa1/AA+=High quality
A1/A+=Upper medium
Baa1= lower medium grade

Ba1/BB+=not investment grade.

Ba2/BB and below= seculative, i.e., jung

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