08/06/2011 13:26hfl13

By the way I settled with the time of the news breaking.

   08/06/2011 08:10kruijs

woooot

   08/06/2011 03:37gotmick

No kidding. If everything wasn't already unstable enough, it will sure be now. Can't wait to see the Dow on Monday, it's gonna tank.

   08/06/2011 03:14hfl13

Congrats bernardo - I didn´t believed it.

   08/05/2011 22:48hfl13

Government expecting S&P downgrade - WTF? - Reinvested in None. Will the next crises be the S&P sowngrade crisis?
http://www.huffingtonpost.com/2011/08/05/downgrade-us-standard-and-poors_n_919867.html

   08/05/2011 12:02hfl13

They were never this powerful. Company evil overlond "S&P" wants to kill the economy worldwide? Now would be the moment to cause a severe crisis. My bet they won´t dare or they get burned on the stake ;-)

   08/04/2011 18:42bernardo

It feels like I'm the only one holding stakes of S&P by now. They should come out of the closet every moment..

   08/04/2011 18:16hfl13

Someone should tell that our Moody-Friends. Not following their market ...

   08/03/2011 15:23bernardo

Moody's dropped out of the race: "Tuesday, Moody's reaffirmed its triple-A rating on the U.S., saying the increased debt limit has "virtually eliminated the risk" of a default. It gave the U.S. a negative outlook, however, warning that it could downgrade the U.S. for the first time if fiscal discipline slackens or the economy weakens, among other developments." http://www.usatoday.com/money/economy/2011-08-02-credit-rating_n.htm

   08/01/2011 01:08bernardo

'Standard & Poor’s indicated last week that anything less than $4 trillion in cuts would jeopardize the U.S.’s AAA rating.
“A grand bargain of that nature would signal the seriousness of policy makers to address the fiscal situation in the U.S.,” John Chambers, chairman of S&P’s sovereign rating committee, said in a video interview distributed by the New York-based ratings firm on July 28.
Moody’s Investors Service reiterated on July 29 that the U.S. should be able to keep its Aaa rating as long as the Treasury agrees to raise the debt ceiling.' http://www.businessweek.com/news/2011-07-31/debt-downgrade-amounts-to-few-basis-points-in-ratings-history.html

   07/28/2011 19:16bernardo

I found a paper on this: "This paper has found that Standard and Poor’s tends to be the most cautious of the Rating
Agencies, with the fastest downgrades of corporate bonds, and average timing for upgrades." http://w4.stern.nyu.edu/glucksman/docs/Macdonald.pdf