Moody’s to US: Protect your bond rating — get even more stupid and irresponsible!

posted by
July 18, 2011
Baltimore Sun    
Posted in News

"Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders. ... 'We would reduce our assessment of event risk if the government changed its framework for managing government debt to lessen or eliminate that uncertainty,' Moody's analyst Steven Hess wrote in the report." (07/18/11)



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