Reader Ramaiah comments: India debt rating is BBB- which is equivalent of Iceland. Iceland is broken during the credit collapse. Is India that bad? Does it mean, it is safe to keep money in Dollars rather than converting into INR. What can we infe…

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Time for some rating agency news. S&P threatens to cut CMBS ratings, so people are rushing to Realpoint (news by Reuters), another yet-to-be-approved CMBS rating agency. (HT: Zero Hedge)

U.S. credit rating company Realpoint on Thursday said insurers m…

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