Cambridge's Triple A Bond Rating

No doubt that the high tech industry and the two prominent deep-pocketed universities are the reason for the City's Triple A Bond ratings. But don't forget that these same agencies rated junk credit default swaps as Triple A also. Credential abuse was apparent in other areas as well. It is one reason for so many failures of the Obama administration. The leaders worship credentials. 

http://www.thecrimson.com/article/2012/10/11/AAA-rating-Cambridge-bond/

With AAA Rating, Cambridge Thrives
By KERRY M. FLYNN and MAYA JONAS-SILVER,
Harvard CRIMSON STAFF WRITERS
Published: Thursday, October 11, 2012