Post by
oilismoney1 on Dec 06, 2011 10:42pm
S&P ( crazy)
After yesterdays announcement by S&P about downgrading 15 more countries I thought oh no, here we go again, the market sure didn't responed to more of their nonesense.
Were these not the people that five years ago gave the green light for tens of billions of dollars wrapped up in Mortgage backed securities and then the banks sold them to Europeans. Good grief.
Have a great day tomorrow
Comment by
seanj1 on Dec 07, 2011 12:32am
S&P are made of bunch of crooks looking after their masters' interests.. None of these rating agencies have any credibility..
Comment by
stockhousepundit on Dec 07, 2011 9:35am
Could this be political in nature? Likened to firing a shot across the bow. A warning to the Europeans that if they do not come up with a resolution, their interest rates will skyrocket past a manageable rate, therefore, forcing their hand.
Comment by
glasrado on Dec 07, 2011 1:07pm
A teeny.. weeny... S&P is a gang of CROOKS... first they downgraded US and now Europe. Who do they think they are.... and why everybody is acting according to the wand they wave. Actually they are held hand in hand by the bigger CROOKS in disguise. Panthetic....???????????