So Who’s Up For A Round Of Messenger-Shooting?

    “My guess is that once the US loses its triple-A, it’ll be gone forever.” – Felix Salmon Izvestia in Atlanta (CNN) We now suddenly receive a recent history lesson abouthow S&P financially rated Lehman Brothers prior to its collapse. Why would this be any more relevant to today’s problems than Paul Krugman’s cheerleading for a big housing bubble back in 2002? Because S&P could still | Read More »