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	Comments on: Fitch affirms Malta’s A+ rating	</title>
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	<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/</link>
	<description>Daphne Caruana Galizia is a journalist working in Malta.</description>
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	<item>
		<title>
		By: Lorna saliba		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98591</link>

		<dc:creator><![CDATA[Lorna saliba]]></dc:creator>
		<pubDate>Thu, 27 Oct 2011 04:07:13 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98591</guid>

					<description><![CDATA[Where were Fitch and Moody&#039;s before the banking collapse of 2008 or the Greek crisis two years ago and why should we take them seriously when they never manage to forsee disaster?]]></description>
			<content:encoded><![CDATA[<p>Where were Fitch and Moody&#8217;s before the banking collapse of 2008 or the Greek crisis two years ago and why should we take them seriously when they never manage to forsee disaster?</p>
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		<item>
		<title>
		By: Harry Purdie		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98590</link>

		<dc:creator><![CDATA[Harry Purdie]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 20:55:30 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98590</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98583&quot;&gt;H.P. Baxxter&lt;/a&gt;.

Baxxter, all the credit rating agencies prostituted themselves in 2007.

Better to do a little homework on one&#039;s own.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98583">H.P. Baxxter</a>.</p>
<p>Baxxter, all the credit rating agencies prostituted themselves in 2007.</p>
<p>Better to do a little homework on one&#8217;s own.</p>
]]></content:encoded>
		
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		<title>
		By: C Falzon		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98589</link>

		<dc:creator><![CDATA[C Falzon]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 20:26:58 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98589</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98583&quot;&gt;H.P. Baxxter&lt;/a&gt;.

And what does the other one do?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98583">H.P. Baxxter</a>.</p>
<p>And what does the other one do?</p>
]]></content:encoded>
		
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		<title>
		By: silvio		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98588</link>

		<dc:creator><![CDATA[silvio]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 11:11:44 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98588</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98584&quot;&gt;Vanni&lt;/a&gt;.

Yes you are right.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98584">Vanni</a>.</p>
<p>Yes you are right.</p>
]]></content:encoded>
		
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		<title>
		By: karmela		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98587</link>

		<dc:creator><![CDATA[karmela]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 10:49:08 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98587</guid>

					<description><![CDATA[Moody&#039;s have been ultra conservative after being  partly viewed as  misleading investors in the past

http://newsroom-magazine.com/2010/government-agencies/finance-and-banking/moodys-internal-corruption-detailed/

http://www.eubusiness.com/news-eu/spain-economy-debt.cz2]]></description>
			<content:encoded><![CDATA[<p>Moody&#8217;s have been ultra conservative after being  partly viewed as  misleading investors in the past</p>
<p><a href="http://newsroom-magazine.com/2010/government-agencies/finance-and-banking/moodys-internal-corruption-detailed/" rel="nofollow ugc">http://newsroom-magazine.com/2010/government-agencies/finance-and-banking/moodys-internal-corruption-detailed/</a></p>
<p><a href="http://www.eubusiness.com/news-eu/spain-economy-debt.cz2" rel="nofollow ugc">http://www.eubusiness.com/news-eu/spain-economy-debt.cz2</a></p>
]]></content:encoded>
		
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		<title>
		By: Galian		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98586</link>

		<dc:creator><![CDATA[Galian]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 10:25:35 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98586</guid>

					<description><![CDATA[I posted this link on Facebook to try and combat all the negative ones being posted by the &#039;elves&#039;.]]></description>
			<content:encoded><![CDATA[<p>I posted this link on Facebook to try and combat all the negative ones being posted by the &#8216;elves&#8217;.</p>
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		<title>
		By: Jozef		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98585</link>

		<dc:creator><![CDATA[Jozef]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 10:20:49 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98585</guid>

					<description><![CDATA[&#039;....Its euro area membership is a source of strength and protects it from currency crises...&#039;

&#039;....resolute fiscal consolidation....&#039;

&#039;...reform of the state pension system to maintain affordability in the face of a rapidly rising population is essential...&#039;

So what does Labour have to say about all this?

What does Joseph plan to do?

Foreign direct investment has its prerogatives and considerations, answers please.]]></description>
			<content:encoded><![CDATA[<p>&#8216;&#8230;.Its euro area membership is a source of strength and protects it from currency crises&#8230;&#8217;</p>
<p>&#8216;&#8230;.resolute fiscal consolidation&#8230;.&#8217;</p>
<p>&#8216;&#8230;reform of the state pension system to maintain affordability in the face of a rapidly rising population is essential&#8230;&#8217;</p>
<p>So what does Labour have to say about all this?</p>
<p>What does Joseph plan to do?</p>
<p>Foreign direct investment has its prerogatives and considerations, answers please.</p>
]]></content:encoded>
		
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		<title>
		By: Vanni		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98584</link>

		<dc:creator><![CDATA[Vanni]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 10:13:02 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98584</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98582&quot;&gt;silvio&lt;/a&gt;.

&quot;We all have to agree that we should give credit to George Bonello Dupuis and John Dalli for this. They were the ones who encouraged and worked to helped Malta’s financial institutions to be what they are today.&quot;

You left out the late minister Joe Fenech, the architect and the driving force behind what was originally MIBA, later MFSC, and now MFSA.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98582">silvio</a>.</p>
<p>&#8220;We all have to agree that we should give credit to George Bonello Dupuis and John Dalli for this. They were the ones who encouraged and worked to helped Malta’s financial institutions to be what they are today.&#8221;</p>
<p>You left out the late minister Joe Fenech, the architect and the driving force behind what was originally MIBA, later MFSC, and now MFSA.</p>
]]></content:encoded>
		
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		<title>
		By: H.P. Baxxter		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98583</link>

		<dc:creator><![CDATA[H.P. Baxxter]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 09:49:40 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98583</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98581&quot;&gt;ronpaul&lt;/a&gt;.

Let&#039;s not start with the barrage of Maltese muddled logic. Moody reports tend to be negative, even when they assign the same rating as Fitch.

Both rating agencies (and there are but three in the whole wide world) have their own analysts, their own methods, their own criteria, and need I add, their own agenda.

Sometimes, their conclusions will differ.

In any case, Fitch&#039;s report is very similar to Moody&#039;s. When in doubt, Moody comes down on the negative side, and Fitch on the positive.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98581">ronpaul</a>.</p>
<p>Let&#8217;s not start with the barrage of Maltese muddled logic. Moody reports tend to be negative, even when they assign the same rating as Fitch.</p>
<p>Both rating agencies (and there are but three in the whole wide world) have their own analysts, their own methods, their own criteria, and need I add, their own agenda.</p>
<p>Sometimes, their conclusions will differ.</p>
<p>In any case, Fitch&#8217;s report is very similar to Moody&#8217;s. When in doubt, Moody comes down on the negative side, and Fitch on the positive.</p>
]]></content:encoded>
		
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		<title>
		By: silvio		</title>
		<link>https://daphnecaruanagalizia.com/2011/10/fitch-affirms-malta%e2%80%99s-a-rating/#comment-98582</link>

		<dc:creator><![CDATA[silvio]]></dc:creator>
		<pubDate>Wed, 26 Oct 2011 09:47:29 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=13985#comment-98582</guid>

					<description><![CDATA[One interesting remark in the above report:

&quot;Malta remains a small country with a large banking system&quot;

We all have to agree that we should give credit to George Bonello Dupuis and John Dalli for this.  They were the ones who encouraged and worked to helped Malta&#039;s financial institutions to be what they are today.]]></description>
			<content:encoded><![CDATA[<p>One interesting remark in the above report:</p>
<p>&#8220;Malta remains a small country with a large banking system&#8221;</p>
<p>We all have to agree that we should give credit to George Bonello Dupuis and John Dalli for this.  They were the ones who encouraged and worked to helped Malta&#8217;s financial institutions to be what they are today.</p>
]]></content:encoded>
		
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