Credit rating is a very important place in the financial system, which can generally be divided into four categories: enterprise credit rating, securities credit rating, project credit rating and national sovereign credit rating. Pen? Interesting? Pavilion wWw. ｂiquge。 ｉｎfo

It should be noted that not every company will engage in credit rating, and they will not spend money to do credit rating if they do not issue bonds and other securities that require credit.

But there is also a situation where financial institutions like Forest, they spend their own money, find an authority to give themselves a credit rating, and then, if the credit rating is good, a lot of things can be much easier.

For example, the issuance of bonds, the role of publicity, and the interest rate of capital loans!

There's a place in this that a layman knows at a glance that there's something greasy, and that's ...... The cost of credit rating is paid by the agency that needs to be assessed, that is to say, if Forest engages in credit rating, the cost is paid by Forest, so there is room for operation in this rating.

Before Lei Hao became the owner of Forest, the company did a credit rating, looked for Standard & Poor's, got an A grade, and then the very happy Forest had a sum of money on the account, and it was self-evident to whom.

But the problem also arises, Forest gives money, Standard & Poor's gives a rating, but the rating is not set in stone, and while the rating fee is in effect, the rating agency adjusts your credit rating according to the actual situation.

As a result, after Forest defaulted on its debt some time ago and the client's assets suffered a large amount of losses due to "technical problems", the rating agency will downgrade Forest's credit rating.

It's called paying for sin.

"If my news channels don't lag behind, Forest's new credit rating will be BB, well, it is said that there is still room for downward adjustment." Keith sat there, and the old god spoke.

There was silence in the box, Lei Hao could have done something almost difficult today, but with the presence of Keith, the situation was a little different.

There are two levels of BB grade from grade A, and getting this rating means that FOREST has a poor degree of credit, average corporate assets and financial status, and has more bad credit records.

It can be said that even if Forest goes to the bank for a loan, even if the bank lends money, it needs to pay a higher interest rate to get the funds.

In the financial circle, it is that Forest has been unable to obtain certain contracts and undertake certain securities sales, and the credit rating also reminds investors that Forest is a high risk of operation.

"We just got an epic win in the stock market." Fawkes said with a pretended lightheartedness.

"Yes, but Fox, don't forget, Standard & Poor's has permission from Forest to see how you operate, and they might think...... The way you operate is too risky. Keith continued to slap him in the face.

Lei Hao rubbed his forehead, a little helpless.

That's right, the company has made a lot of profits, but the iron law of the financial circle is that the greater the return, the greater the risk you take, you made money this time, but others say that your operation is too aggressive, and the risk control is not good, is it wrong?

From his own point of view, Lei Hao does not feel that these operations are hugely risky, but if the credit rating agencies had known, they would have stopped doing credit ratings a long time ago and changed to securities investment.

It's a dead knot.

"The parent company, LEI, has sufficient funds, and Lei and Leo are well-known investors." Fox explained.

"Yes, but they're extremely aggressive investors, and you know, as far as I know, Mr. Lei was fined more than two million dollars in China for violating the rules." Keith said proudly, "Will it be Forest's turn in the future?" You know, the financial controls in the United States are much stricter than those in China. ”

"I remember that Standard & Poor's gave subprime bonds an AAA credit rating?" Lei Hao began to feel a little annoyed, not only annoyed by the rating agency, but also annoyed by Eden and Keith, the two guys who came to dismantle the stage.

"Haha, yes, it's still A and AA now." Baker began to hesitate, but he still spoke up to relieve Forest.

Speaking of this, there was a burst of laughter in the box, the subprime mortgage crisis has only passed for a while, and the credit rating agency is just when it is hung up and pumped wildly, and the problem of giving credit rating when receiving money has been completely exposed in the eyes of everyone inside and outside the circle.

"But, why not choose a brokerage firm of the same size with a better credit rating?" Keith spread his hand, made a fake apologetic expression, and said to Lei Hao: "I'm sorry, I know the purpose of Eden's here, but I think the customer should have a choice." ”

"Is the Oasis trying to break the rules?" Fawkes was so angry that he wanted to slap the table.

The customers of the forest, the place chosen by the forest, the favor of the forest to entertain, you don't invite to come, you can bear it if you say some bad things with a gun and a stick, but you open your mouth to grab the customer, this is a violation of the rules of the industry.

Lei Hao was also stunned, and after perceiving the silence of Lambert and Nance, he felt embarrassed.

Grabbing customers in person is equivalent to going to your house to tease your wife, and there should be very few men who can hold back that touch of green......

"The customer has the right to choose, and I support that statement." Soon, Lei Hao remembered something in his heart, and immediately suppressed his anger, but hoped that Keith could successfully grab the customer.

There was a sudden embarrassment in the box.

"Mr. Baker, Mr. Lambert, Mr. Nance, and Mr. Eden, although Mr. Keith broke the rules, we are willing to forgive him, and you can compare according to the terms provided by the two companies, and finally cooperate or not, I hope it will not affect our personal relationship." Lei Hao simply gave an assist.

I let you rob it, I let you rob the customer, and what you especially grabbed may not be the customer, but one bomb after another.

No matter how capable the oasis is, can it compare to the forest led by itself? Since they can't, will clients be happy when they know what kind of gains they are giving up?

To paraphrase a line from the movie: I once had a financial plan with an amazing yield in front of me, and I didn't cherish it, if I could have one more chance, I would say I would accept it, and if I wanted to add a term to this contract, I wanted it to be 10,000 years.

The next thought must be: I once had a financial plan with an incredible rate of return in front of me, but a bastard fooled me that if I had one more chance, I would give that bastard a shot, and if I had to add a gun model, I would like to change to a bazooka.

“boss。” Fox looked at Lei Hao with a hint of helplessness in his expression.

Baker, Nance, Lambert, Eden and Keith also kept their eyes on Lei Hao, everyone is not a mediocre person, and if you think about it carefully, you can know where Lei Hao's counterattack is, and you can't help but have an evaluation echoing in your heart.

"Very confident!" (To be continued.) )