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Wednesday, April 23, 2008 5:07:29 PM
(a previous poster who looked into it wrote this)
"I haven’t found much yet, but here are a few tidbits.
1) It’s interesting to hear that Mr. Choe did not know where the AAA rating came from.
2) Here is a list of the ratings on the Bank of China from 2006. Note the difference between the western agencies’ ratings and the rating from the Chinese agency.
Credit Ratings (Long Term)
Standard & Poor’s BBB+
Moody’s Investors Services A2
Fitch Ratings A-
Rating and Investment Information, Inc. A-
Dagong Global Credit Rating Co., Ltd AAA
Based upon this, we can at least be pretty certain that the AAA rating on TTCH came from a domestic Chinese agency of some sort."
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That's the closest anyone has come up with relating to the company's AAA rating from what I could find.
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