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Tag: Rating Agency


Drone Bites the Dust

Police shoot down an activist’s tiny flying video camera capturing footage of the uprising in Turkey; new documents reveal the role of rating agencies such as Moody’s and Standard & Poor’s in the 2008 meltdown; and you know things are bad in the U.S. when rather than pay for new car tires, people are renting them instead. These discoveries and more after the jump.

Posted on Jun 27, 2013 READ MORE



Flickr / Center for American Progress

Ignore the Downgrade, Krugman Says

Two seemingly—but not actually—contradictory things must be understood to grasp the meaning of the anger and excitement over Standard & Poor’s downgrade of U.S. government debt, says Paul Krugman. (more)

Posted on Aug 8, 2011 READ MORE


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