Showing posts with label downgrade. Show all posts
Showing posts with label downgrade. Show all posts

Friday, September 14, 2012

QE3 Sparks U.S. Credit Ratings Downgrade From Egan-Jones

Thanks to Kitty for finding this.  The credit ratings agency Egan-Jones better watch its back.  If history is any indication, the US government will sue Egan-Jones for downgrading US Treasury debt.  Can't let the truth get in the way.

http://www.foxbusiness.com/government/2012/09/14/fearing-qe3-egan-jones-downgrades-us-again/?cmpid=cmty_{linkBack}_QE3_Sparks_U.S._Credit_Ratings_Downgrade_From_Egan-Jones

Sunday, April 15, 2012

"No risk" Tim Geithner

Treasury Secretary Tim Geithner last year (April, 2011) on the question of whether US Treasury debt would be downgraded below AAA.  His answer:  "No risk."  You only need to watch the first few seconds.




Treasury Secretary Tim Geithner this year (April, 2012) on whether the US will become Greece in 2 years.  His answer:  "No risk."  Again, you need to watch only the first few seconds.