Bond Raters Become Government Hostages
Posted on February 08, 2013 at 13:19 PM EST
When I see a hostage on television, pleading with his government or his family to meet his captors’ demands, I sympathize with the victim but pay no attention to the message. Views expressed under duress have no credibility. Which is why, as far as I am concerned, the U.S. Treasury has surrendered the AA+ rating [...] View the full post at: Bond Raters Become Government Hostages Related posts: Could America Really Lose Its Triple A Rating? Why Did Ratings Agencies Fail? S&P Downgrades Prime Jumbo MBS Deals