Standard and Poor's downgrades US to AA+

[Riot]

Originally Posted by jms62

And how did the portfolio's of the Execs of S&P fair the last few days ? Information on a definite downgrade ahead of time was worth Billions.

You mean where S & P called in their biggest investors days before the downgrade, to discuss it with them, in possible violation of SEC rules?

Wall Street makes money when the market crashes. They don't care what happens to the market, they just want to be on the right side when it moves. It's private investors with retirement accounts who are giving it away.

Of course, the Republicans are blocking everything they can out of the newly created Consumer Financial Protection Bureau.