Press Releases

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.’”