Isn’t this the same Moody’s which believed that bundled sub-prime mortages were a great investment?
THAT’s WHAT I was wondering....like we should CARE what Moody’s thinks....it’s a little late, if you ask me.
This is political. Refusing to up the credit card limit makes the US more credit worthy.
I’m not a Wikipedia type but I checked what they had to say about Moody’s. It appears Moody’s really isn’t the big deal they think they are. I still believe this announcement today was coordinated with the Obama regime to put pressure on our side. (The Americans).