You would've noticed frequent downgrades by credit raters and promptness displayed by auditors in qualifying financial statements and sometimes even refusing to sign them.
This is a sign of the times we are living in..
The frequency of downgrades will ACCELERATE not just because reality commands it, but also because the rating companies are shit scared
For a while, the pendulum will stay here. It will become increasingly difficult for companies to "shop" for a better credit rating. And there will be more honesty in accounting.
And then there will be another crisis...