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Showing posts with label STANDARD AND POOR. Show all posts
Showing posts with label STANDARD AND POOR. Show all posts

Saturday, August 6, 2011

STANDARD AND POORS

STANDARD AND POORS



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While it's hard to argue with S&P's political analysis, its economic judgment is a head-scratcher.

Source: Standard & Poors to downgrade United States credit to AA+ rating this weekend. Two government officials tell ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor's to downgrade ...

For the first time in America's history, the debt ceiling was held hostage by the GOP until it got its demands; and less than a week after the GOP's terrorist tactics, for the first time in America's history, Standard & Poors downgraded ...


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AAA RATING

AAA RATING



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Government accuses S&P of playing politics. Ratings agency blames politicians.

It was the first time the US was downgraded since it received an AAA rating from Moody's in 1917; it has held the S&P rating since 1941. The rating came after a strong push back from the White House, which called S&P's analysis of the ...

Over the last couple of years, Treasury Secretary Tim Geither has been reassuring Americans who are worried about the Obama Administration's out-of-control spending that there's no danger that we'll EVER lose our AAA rating. ...


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Friday, August 5, 2011

STANDARD AND POOR

STANDARD AND POOR



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Two government officials tell ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor's to downgrade the rating of U.S. debt from its current AAA value. Official reasons given, one official ...

Story here; PDF here. Those (many) who are rubbishing the eminently rubbishable S&P tonight are generally not grappling with something we've been.

This came after a confusing day of reports: Standard & Poor's told the U.S. government Friday afternoon that it was preparing to downgrade the U.S.'s triple-A credit rating but U.S. officials notified the S&P that they had made a ...


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