Press Releases

Wall Street & Technology: Avoiding Another MF Global

January 3, 2012

Rapid Ratings’ CEO, James Gellert, sheds light on the company’s rating of MF Global. As quoted by Ivy Schmerken, “‘Our system is reacting to how well a company’s able to withstand a shock from the inside or outside. A company like MF Global was rated 23 — the equivalent of an S&P CCC- and a Moody’s Caa3. It’s not only junk, it’s deep junk.’”

Skip to toolbar