PDA

View Full Version : U.S. Issues Moody's pulls a 180 on downgrade threat


petegz28
07-29-2011, 06:03 PM
Reported on Lou Dobbs...Moody's is now saying that the AAA rating will most likely be upheld but with a "negative outlook"


:rolleyes:

alnorth
07-29-2011, 08:03 PM
Reported on Lou Dobbs...Moody's is now saying that the AAA rating will most likely be upheld but with a "negative outlook"


:rolleyes:

Moody's and Fitch have both been careful and soft-pedalling it. It is S&P that everyone is freaked out about. The betting has always been 1 out of 3 rating agencies being unhappy with merely a debt limit increase without much cutting. We need to actually start not paying people before the other 2 get excited.