Tag Archives: downgrade

China Threatens Further Downgrade of U.S. Debt

Posted on November 12, 2011 by stacyherbert| 12 Comments

Chinese ratings agency threatens US with new debt downgrade

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Tagged china, dagong, downgrade, us debt

Downgraded

Posted on August 6, 2011 by maxkeiser| 162 Comments

Stacy Summary: As Max has said over and over, the U.S. would be downgraded. And so it begins.

For first time in history, US is downgraded

Lowering the nation’s rating one-notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said the bi-partisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s debt over time and predicted that leaders would not be likely to achieve more savings later on.

Most recent appearance in which Max said American debt would be downgraded:

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Controlled Demolition! Now S & P Downgrades Spain!

Posted on April 28, 2010 by stacyherbert| 39 Comments

Stacy Summary: Standard and Poor’s is on all out assault mode against European sovereign debt this week. Floor by floor by floor. It’s just downgraded Spain. No doubt the turmoil following on these downgrades is conveniently distracting from their central role in the CDO frauds that are presently being investigated inside the US . . . Gold soars, euro tumbles on Spain downgrade

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Tagged downgrade, s&p, spain

Downgraded banks, troubled banks and Wall Street bonuses

Posted on February 23, 2010 by stacyherbert| 185 Comments

Stacy Summary: If this were a boxing match, the ref would have rescued the guy on the ropes from the merciless pummeling by now.

At worst possible moment, Fitch downgrades Greece’s largest banks

Consumer confidence in US falls more than expected

FDIC: Number of troubled banks rises 27%

Wall St. bank bonuses up 17%

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Tagged bank bonuses, consumer confidence, downgrade, fitch, greece, troubled banks

Headlines, Headlines, Headlines – 30 March 2009

Posted on March 30, 2009 by stacyherbert| 13 Comments

The Stacy Summary: Banks return to profitability thanks to Obama’s Marie Antoinette moment. Detroit told to ‘pound sand’ and more US taxpayer money went into the bankers black hole of market fraud.