• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Et Tu, Standard & Poor's?

Pivotfarm's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sun, 11/13/2011 - 13:41 | 1873768 fadgadget
fadgadget's picture

i'm very confused about something, someone please help a brother out.  why can't S&P or others set up shop in the bahamas or BFE and still report on european debt ratings?  who gives a shit if the EU regulates their european operations?

Sun, 11/13/2011 - 14:35 | 1873844 anonnn
anonnn's picture

That's the joke [on us] , or, "The more things change, the more they stay the same.".

Sun, 11/13/2011 - 12:50 | 1873693 Bicycle Repairman
Bicycle Repairman's picture

"Thursday's mistaken downgrade by Standard & Poor's of France's sovereign debt"

Mistaken?  Premature, maybe.

Sun, 11/13/2011 - 13:11 | 1873660 kaiserhoff
kaiserhoff's picture

American Sunday Translation:

We can't run, and we can't pass.  On defence, we can't stop the run or the pass.

Has to be the zebras' fault.

Sun, 11/13/2011 - 12:20 | 1873649 El Gordo
El Gordo's picture

What's the S&P rating for PM's?

Sun, 11/13/2011 - 09:49 | 1873491 Georgesblog
Georgesblog's picture

When I see statements from ratings agencies, my first thought is "They sent in the clowns". In reality, it's more serious than that. I see that central banks and ratings agencies work in tandem to bring nations to their knees, as beggars. The national response is the threat of increased regulation. The product is more of the same corruption that created the situation, to begin with. http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/

Sun, 11/13/2011 - 08:33 | 1873444 Zer0henge
Zer0henge's picture

"Tech Stocks Foxy Moneybags!  Tech Stocks!" Bitchez!

Do NOT follow this link or you will be banned from the site!