credit rating agency

302 days ago

The multi billion fraud Tingo credit rating suspended: how long will Deloitte lend its credibility to these shysters?

When even your Nigerian credit rating agency smells a rat you know you are deep in the merde. But the Lyin’ Chris Cleverly fraud Tingo (US:TIO) has just suffered such an indignity.

2834 days ago

S&P as damning as Moody's on Avanti - its implied view also that the shares are worth 0p

Moody's was damning enough on Avanti Communications (AVN) as I noted earlier. The clear takeaway was that the shares were worth 0p given Moody's view that bondholders were in for a haircut. Now I bring you what the other credit rating agency S&P says. It is equally bearish.