Date: August 31st, 2007

A symbiote’s life is not a happy one: Part 5, why rating agencies?

31 August, 2007 (09:30) | Markets, Subprime, US News | No comments

[Continued from yesterday's Part 4 and the previous Part 1, Part 2, and Part 3.]
 
When two symbiotic organisms differ vastly in scale, the smaller’s survival depends on the health (or at least survivability) of the host.  Self-aware smaller symbiotes may thus root for their host’s prosperity, particularly if they are fed from nutrients captured by the larger, [...]