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How does S&P make money?

  • 27-04-2010 10:40pm
    #1
    pietromas
    Registered Users, Registered Users 2 Posts: 79 ✭✭


    Totally random from someone who knows 0 about economics ...

    How do Standard & Poors make their money? They are just a company, right?

    They are a credit rating agency right? I presume that means they look at countries/companies and assign a numeric value to the risk of lending to them. Is that much correct?

    They also operate as some kind of futures market right? S&P500 or something, which allows people to bet on the ratings that S&P will assign in the future?

    But how do they fund their operation and make a profit? Is it just through consultancy or something, and the above two functions are just done to maintain their profile/authority?

    Just curios.


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