Rep. Barney Frank of Massachusetts Today, Standard & Poor’s and Moody’s Investors Service warned that the United States government is in danger of losing its AAA credit rating, the highest possible rating a large institution can hold. According to Taylor Graff at Cavanaugh Capital Management, the AAA rating is the “pinnacle of safety in the investment universe.” […]
the sound of a bubble popping?
January 14, 2011 by Daniel Burton
Filed Under: Government, Politics Tagged With: Andrew Ross Sorkin, Barack Obama, Bond credit rating, Credit rating agency, entitlements, federal debt, invest, Investment, Moodys, New York Times, politicians, politics, postaday2011, Standard & Poor's, Wall Street
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