Did Geithner Handle S&P the 'Chicago Way'?

Carol Platt Liebau Townhall 1/22/2014

In August 2011, three days after ratings agency Standard & Poor’s downgraded the triple-A credit rating of the United States, Harold McGraw — chairman of McGraw-Hill Financial — says something pretty unpleasant happened to him. From Bloomberg:

In his court statement, McGraw, 65, said Geithner called him on Aug. 8, […]

Chinese agency downgrades US credit rating

AFP via France24 17 October 2013

A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington’s resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained “unchanged”.

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Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining […]

Britain’s credit rating downgraded

The Government’s economic strategy has been dealt a serious blow after a leading credit ratings agency downgraded UK debt on its expectation that growth will “remain sluggish over the next few years”.

James Hurley The Telegraph [UK] 22 Feb 2013

Moody’s announced on Friday night that it had cut the Government’s bond rating one notch […]

Do You Live in a Death Spiral State?

William Baldwin Forbes 11/25/2012

Thinking about buying a house? Or a municipal bond? Be careful where you put your capital. Don’t put it in a state at high risk of a fiscal tailspin.

Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances […]

Protests in French cities against plans to legalize gay marriage

Reuters 11/17/2012

Tens of thousands of people, joined by Catholic church leaders, marched in cities across France on Saturday to protest against government plans to legalize same-sex marriage.

Demonstrators, holding banners with slogans such as “don’t touch civil marriage”, “all born from the union of a man and a woman” and “one father + one […]

WSJ: Fed Buying 61 Percent of US Debt; Egan-Jones Downgrades U.S. Credit Rating

Julie Crawshaw and Forrest Jones Moneynews 28 Mar 2012

The Federal Reserve is propping up the entire U.S. economy by buying 61 percent of the government debt issued by the Treasury Department, a trend that cannot last, Lawrence Goodman, a former Treasury official and current president of the Center for Financial Stability, writes in a […]

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