Originally <a href='/showthread.php?p=17171640'>posted</a> on 12/18/2012:

This is not even touching upon SBR's rating. Let us remember that SBR had WSEX rated an 'A', before they stole player funds and bailed.

So there's two scenarios that I see here:

1. SBR had zero knowledge of what was going on at BI, were mislead by the book at first and after, and had no clue about BI's financial standing. They gave them a 'B' rating based on what they had been told, instead of what they found out/researched. Which would put SBR's ratings about other books under a huge cloud of uncertainty, because we can only assume they used the same barometers to rate these books as they did with BI.

2. SBR knew what was going on at BI, continued to receive kick-backs and advertising money, and only downgraded and turned against the book when some 3rd party revealed what was going on. So SBR knew the book was in trouble, didn't inform the players about it, and only took action after it was certain that players would lose money.

Either way, it seems SBR f*cked over their own posters/customers, who will now pay the price for trusting the "industry watch-dog".