It was a miserable scorecard in what is supposed to be a recession-proof industry that escaped the credit and liquidity problems plaguing other financial institutions.
For instance, the IRS currently can't deny a tax credit for adopting a child to someone who has not provided adequate proof of the adoption, according to Russell George, Treasury Inspector General for Tax Administration.
The strong credit-rating implied by its low interest rate, claims the Malaysian government, is proof of what it has been saying all along: ill-informed westerners have got things wrong.