El Coyote Gordo (supergee) wrote,
El Coyote Gordo
supergee

Doubleplusgood

Standard & Poor, which thought all those fraudulent CDOs were peachy-keen, had downgraded the U.S. government from AAA to AA+.* Does that mean that U.S. government debt is even worse or that Standard & Poor has once again shown that can't find its own corporate ass with both hands?

*Grade inflation is everywhere
Tags: money
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