Tag: Default

  • I Think These People Are Nuts…

    I Think These People Are Nuts…

    Fitch downgraded USA debt from AAA. Singapore and Norway now have better credit ratings than the USA. (Fun fact: AIG had a AAA rating before failing in the most public and spectacular fashion possible, giving all their cash (and a lot of bailout cash) to Goldman Sachs Turns out picking up pennies in front of…