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If the rating agencies lower their ratings, Nortel could effectively be shut out of the commercial paper market, market analysts warned.
In the case of AIG, for example, the insurer was a key player in a web of risky derivatives, and if the rating agencies had lowered by even one notch the ratings on these derivatives contracts, it would have triggered billions of dollars of obligations and possibly led to the company's collapse.
When asked if the rating, which enables Australia to borrow more cheaply than lower-rated nations, could be at risk if spending cuts in the 2013-14 budget were blocked in the Senate, the spokesman replied: "No".
If the rating system had been reformed earlier it might not have been so bad.
And if the rating slips two points, then the rating slips two points.
It is unclear if the rating included the elevator where Mr. Gil was killed.
Similar(31)
If the rates increase, monthly payments increase.
(3) if the rate of complication was different.
If the rate suppresses the volume, there's less money.
If the rate were cut to 0.75percentt, some funds' costs would exceed the interest rate.
But if the rates are very low, then a 50percentt increase is still a low rate.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com