credit opinions and earlier i discussed the issue with the sharks siddiqi market strategist at e.t.f. capital and i started by asking him whether this lawsuit was justified. but it is just a word to a certain degree considering that we've had so many cases against rating agencies in the past few years i think it's time they're under some sort of scrutiny and this may just be the the one that i she was a dollars for for a change in the actual create a rating agency world at the moment it's dominated by three players and they have been under constantly under threat at the global economy at such a dire situation and position these credit rating agencies are very very slow off the mark to downgrade nations and she had some at some point caused market volatility which has so when you put those into consideration it is somewhat justified just about shows the global frustration with rating agencies indeed at this moment i mean we still can't forget the name of mae and freddie mac. they had aaa ratings before they fell do you think the hitting the boiling point if you look at the all of the last six