I don’t like that they’re fleecing the corporate bond market after privatizing the majority of their upside. Yes, I wanted them to issue their junk bonds even earlier.

What I really want above all else is for credit rating agencies to not face pressure to rerate them favorably because they’re deemed too big to fail.

How are they fleecing anybody if their rating is junk?

They can lobby all they want but until we see ratings agencies bending to their lobbying in the face of extreme scrutiny from anyone who would buy these corporate bonds I wouldn't go about worrying too much.