Typical comment on S&P outlook change for U.S. Treasury Bonds:
“Why are we paying attention to Standard and Poor’s opinion, a firm that gave favorable [AAA] ratings to junk mortgage funds at the behest of their investment-banker clients? I don’t think the firm has any credibility left.”
Mark Gordon, Tucson
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April 19, 2011 at 2:58 pm |
Could this new Standard and Poor’s outlook be a political statement?
April 19, 2011 at 9:44 pm |
http://www.nytimes.com/roomfordebate/2011/04/18/is-anyone-listening-to-the-standard-poors/sp-should-be-embarrassed