Posts Tagged ‘ Credit Default ’

U.S. Credit Downgrade "Inevitable."

U.S. Credit Downgrade "Inevitable."

Only seven days stand between the U.S. and the effects of a credit default. But a downgrade of the nation’s stellar AAA credit rating seems a lot more likely, and a lot sooner. The White House had been alerted repeatedly over the past month by ...
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The Magic Daisy Chain

By
December 31, 2009

Huffington Post and Institutional Risk Analytics team up to provide a rating system of community banks with the idea of moving money out of the Gumnut TBTF rabble. Another illustration of how Gumnut support of TBTF shows up in spades in the credit default markets;  incredibly, the debt of Bankamerica trades on par with US...
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