Forgive me for Asking...

The businesses that insure bonds of issuing agencies are imploding due to their own stupid decisions. Their implosion is already having a very wide effect on bonds and those who sell them. In order to borrow funds at low prices, the issuing agencies must buy bond insurance from these so-called "monoline insurers," who must maintain a AAA rating (the highest). Forgive me for asking, but doesn't the fact that they need a bailout automatically negate their rating? What other company needing a bailout has a AAA rating? Answer: None.