Occupy rating
The European Occupied Central Bank (EOZB) see's itself in it self-understanding as a
central bank whose monetary policies are for the benefit of the societies of Europe.
Therefore it can not be in our interest that three state-approved rating agencies have a
monopoly on the risk assessment of the financial markets.
Especially when they are not only corrupt, but also unable! And they have actively
concealed risks in advance of the current financial crisis and have thus contributed to its
development.
For this reason the EOZB sees no other option, unlike its sister organization - the
corrupted ECB – than to offer an additional service to ensure stable financial markets. The
global monopoly of the corrupt rating agencies will be broken by an independent and
conscientious working rating agency. The Board of Governours decided after internal
discussions in unisono to expand the services of the EOZB with another free service - the
EOZB rating agency!
Since the occupied central bank sees itself as a modern financial institution, we will for
our review use the latest generation of financial analysis models. The ratings in recent years
have been a very good practical example that statistical and quantitative risk measurement
concepts do contain an immanent system error. Therefore the assessments of the EOCB
rating agency will be based on an extensive fundamental analysis.
For our risk analysis, internal data will be used, such as profit and profitability ratios,
business strategies, etc.. For optimising our results we will also use external data, such as
the development of markets, the introduction of new technologies or changing conditions of
political, environmental or social nature. The ongoing shortage of essential commodities and
their consequences will be self-evidently included in our analyses.
Because any exact calculation of risk will remain, for obvious reasons, always subjective,
we will not even try it - therefore, our holistic trained experts will follow their gut feelings
after their review of the data.
Additionaly to the known "risk-adjusted capital" and “value at risk "indicators, we will
expand our assessment with our newest efficient analysis approach, which was developed
specifically for the current market situation: "Unpredictable distributions”.
Although a better risk analysis would result, in normal times, in increased profits. We can't
promise it in this particular time, even by using our state-of-the-art model of assessment.
Regrettably we had to include a global anchor rating: "Very Expected Tail Loss".
With this indicator we will include in our assessment the systemic risk indicator of the
international financial markets. Fortunately we can rely our state of the art anchor rating on
a robust body of historical data which describes remarkably consistent what happens when
large bubbles form - they grow until they collapse! And the bigger they were, the greater
was the following value implosion of assets.
Unfortunately, the consideration of the systemic risk will lead to a downgrading of all
investments. There will be no "investment grade" ratings anymore. The first test's of our
"state of the art multiple levels information market development models" have shown that
all investments in financial products and companies are speculative in nature at this time.
Therefore our highest rating will be BB +. Thus all ratings of the EOZB rating agency will
be "speculative grade".
We apologize in advance for creating any troubles in the markets. Unfortunately we were
forced to take this step because we believe that all market participants should be informed
objectively about the current risks we all face. We advise all financial institutions
beforehand to start the adjustment of their values before the expected losses will occur.
To minimize possible over-reactions among the rational goal-oriented acting market
participants, the Board of the Governours of the EOZB has decided to take accompanying
measures through our lending practices. For the first time since its inception, the EOZB will
award all ecologically, ethically and morally responsible acting companies with long-term
loans at extremely favorable intrest rates.
These companies will certainly be able to achieve top grades, and thus there will be still
oportunities for investments in the "investment grade" area. By these measurements we
hope to archive our long-term ecological and social responsibility as central bank for the
people of Europe.
Sincerely your
Board of Governours of the EOCB
The European Occupied Central Bank (EOZB) see's itself in it self-understanding as a
central bank whose monetary policies are for the benefit of the societies of Europe.
Therefore it can not be in our interest that three state-approved rating agencies have a
monopoly on the risk assessment of the financial markets.
Especially when they are not only corrupt, but also unable! And they have actively
concealed risks in advance of the current financial crisis and have thus contributed to its
development.
For this reason the EOZB sees no other option, unlike its sister organization - the
corrupted ECB – than to offer an additional service to ensure stable financial markets. The
global monopoly of the corrupt rating agencies will be broken by an independent and
conscientious working rating agency. The Board of Governours decided after internal
discussions in unisono to expand the services of the EOZB with another free service - the
EOZB rating agency!
Since the occupied central bank sees itself as a modern financial institution, we will for
our review use the latest generation of financial analysis models. The ratings in recent years
have been a very good practical example that statistical and quantitative risk measurement
concepts do contain an immanent system error. Therefore the assessments of the EOCB
rating agency will be based on an extensive fundamental analysis.
For our risk analysis, internal data will be used, such as profit and profitability ratios,
business strategies, etc.. For optimising our results we will also use external data, such as
the development of markets, the introduction of new technologies or changing conditions of
political, environmental or social nature. The ongoing shortage of essential commodities and
their consequences will be self-evidently included in our analyses.
Because any exact calculation of risk will remain, for obvious reasons, always subjective,
we will not even try it - therefore, our holistic trained experts will follow their gut feelings
after their review of the data.
Additionaly to the known "risk-adjusted capital" and “value at risk "indicators, we will
expand our assessment with our newest efficient analysis approach, which was developed
specifically for the current market situation: "Unpredictable distributions”.
Although a better risk analysis would result, in normal times, in increased profits. We can't
promise it in this particular time, even by using our state-of-the-art model of assessment.
Regrettably we had to include a global anchor rating: "Very Expected Tail Loss".
With this indicator we will include in our assessment the systemic risk indicator of the
international financial markets. Fortunately we can rely our state of the art anchor rating on
a robust body of historical data which describes remarkably consistent what happens when
large bubbles form - they grow until they collapse! And the bigger they were, the greater
was the following value implosion of assets.
Unfortunately, the consideration of the systemic risk will lead to a downgrading of all
investments. There will be no "investment grade" ratings anymore. The first test's of our
"state of the art multiple levels information market development models" have shown that
all investments in financial products and companies are speculative in nature at this time.
Therefore our highest rating will be BB +. Thus all ratings of the EOZB rating agency will
be "speculative grade".
We apologize in advance for creating any troubles in the markets. Unfortunately we were
forced to take this step because we believe that all market participants should be informed
objectively about the current risks we all face. We advise all financial institutions
beforehand to start the adjustment of their values before the expected losses will occur.
To minimize possible over-reactions among the rational goal-oriented acting market
participants, the Board of the Governours of the EOZB has decided to take accompanying
measures through our lending practices. For the first time since its inception, the EOZB will
award all ecologically, ethically and morally responsible acting companies with long-term
loans at extremely favorable intrest rates.
These companies will certainly be able to achieve top grades, and thus there will be still
oportunities for investments in the "investment grade" area. By these measurements we
hope to archive our long-term ecological and social responsibility as central bank for the
people of Europe.
Sincerely your
Board of Governours of the EOCB
Rest of translation is in progress - it’s hopefully soon
availlable.