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**Binuilienzync** · 08-16-2011, 07:59 PM

Could S&P have shot themselves in the foot? Time will tell.

http://money.cnn.com/2011/08/16/news....htm?hpt=hp_t2

S&P took a risk no doubt, by getting political with it, going beyond being a credit agency. But they also made it clear it was more of an indictment of the politicians inability to play nice and work together than the ability of the USA to pay it's debt's.

08-16-2011, 07:59 PM	#2
Binuilienzync Join Date Nov 2005 Posts 443 Senior Member	Could S&P have shot themselves in the foot? Time will tell. http://money.cnn.com/2011/08/16/news....htm?hpt=hp_t2 S&P took a risk no doubt, by getting political with it, going beyond being a credit agency. But they also made it clear it was more of an indictment of the politicians inability to play nice and work together than the ability of the USA to pay it's debt's.
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