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To: EBH
Who paid off all the right people at Moody's? Soros? Were there threats involved? Did the Chicago Gang have a nice, friendly little chat with them? Lots of questions and so far, no answers.
2 posted on 07/30/2011 7:14:04 AM PDT by JPG (Yes she can!)
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To: JPG

right.


7 posted on 07/30/2011 7:20:30 AM PDT by ken21 (dem + rino progressives -- 150 years destroying america.)
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To: JPG

IIRC, rating agencies fall under federal regulation thanks to the Frank-Dodd bill. The truth in their public statements now lie somewhere between their pre-2009 opinions and the Chicago muscle now leveraged against them.


12 posted on 07/30/2011 7:23:56 AM PDT by callisto (Who is John Galt?)
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To: JPG
Who paid off all the right people at Moody's? Soros? Were there threats involved?

Way back when the establishment strategy was to panic the public Moody's was saying we should eliminate debt ceilings altogether.

And yes they were being threatened by the 0 administration.

Since it appears we may miss the deadline, after all, because of those awful and unreasonable Tea Party hobbits, it seems the establishment now wants a different tune sung.

Bond holders were never not going to get paid their interest, btw.

38 posted on 07/30/2011 1:01:37 PM PDT by Tribune7 (We're flat broke, but he thinks these solar shingles and really fast trains will magically save us.)
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