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Title: It's basically comic-book third-world cronyism at this point... Post by: benjamindees on April 29, 2012, 11:58:55 AM Ratings agency downgrades US credit from AA+ to AA, outlook negative:
http://www.cnbc.com/id/46970602/Egan_Jones_Cuts_US_Credit_Rating_to_AA_Citing_Debt (http://www.cnbc.com/id/46970602/Egan_Jones_Cuts_US_Credit_Rating_to_AA_Citing_Debt) SEC begins investigation to revoke their license: http://www.forbes.com/sites/steveschaefer/2012/04/24/sec-charges-rating-agency-with-making-material-misrepresentations/ (http://www.forbes.com/sites/steveschaefer/2012/04/24/sec-charges-rating-agency-with-making-material-misrepresentations/) |