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Stanley Collender Says S&P's Report on U.S. Is `Ironic

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sasha031 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-18-11 04:27 PM
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Stanley Collender Says S&P's Report on U.S. Is `Ironic
 
Run time: 03:45
https://www.youtube.com/watch?v=9GDxdw7b3Fw
 
Posted on YouTube: April 18, 2011
By YouTube Member: Bloomberg
Views on YouTube: 4
 
Posted on DU: April 18, 2011
By DU Member: sasha031
Views on DU: 647
 
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-18-11 11:05 PM
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1. As one of the commentators mentioned, it is rather odd that the S&P
dares to issue any predictions or evaluations at all considering that they helped cause the entire economic meltdown by overvaluing the subprime mortgage derivatives. Ridiculous to look to the S&P for economic expertise. They have not proved themselves to be trustworthy in recent years. Just a bunch of politically motivated noisemakers.
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