European Tribune - Comments - Anglo Disease watch (5) - just break the thermometer and all is well

Anglo Disease watch (5) - just break the thermometer and all is well | 49 comments (49 topical, 0 editorial, 0 hidden)

Re: Anglo Disease watch (5) - just break (4.00 / 2)

That is the problem. The credit rating agencies realise this and decide that breaking the rating system is a lesser evil compared to the adjustment that would occur were they to doengrade all these bonds.

To be honest, I hope the SEC takes notice of what the Bloomberg piece is saying, and investigates S&P and Moody's for "alleged distortion of the credit market".

Can the last politician to go out the revolving door please turn the lights off?

by Migeru (migeru at eurotrib dot com) on Wed Jul 4th, 2007 at 09:27:34 AM EST
[ Parent ]

Re: Anglo Disease watch (5) - just break (4.00 / 4)

But the SEC might just agree that breaking the ratings is a lesser evil than breaking Wall Street. After all, it's their turf, too...

Pierre

by Pierre on Wed Jul 4th, 2007 at 09:40:29 AM EST
[ Parent ]

Re: Anglo Disease watch (5) - just break (none / 1)

The question is how bad is it?. Is this just a moderate adjustment that is being prevented, or a big crash?

Maybe they're just trying to hold out until January 2009, so the crash doesn't happen under Bush's watch?

Can the last politician to go out the revolving door please turn the lights off?

by Migeru (migeru at eurotrib dot com) on Wed Jul 4th, 2007 at 09:48:18 AM EST
[ Parent ]

Re: Anglo Disease watch (5) - just break (4.00 / 2)

There is no way they can postpone it so far. On the contrary, I think a 29-like crash before the election is what bushco wants: chaos, state of emergency, raise of the charismatic leader, etc, etc...

Pierre

by Pierre on Wed Jul 4th, 2007 at 09:57:43 AM EST
[ Parent ]

Anglo Disease watch (5) - just break the thermometer and all is well | 49 comments (49 topical, 0 editorial, 0 hidden)

. Home
. About
. Contact
. New User Guide
. FAQ
. Search
. Search (Google)
. Archives (Wiki)
Art, Economics, Energy, Environment, EU Politics, Mech & Tech, By Country

Username:
Password:

. Make a new account
. Reset password

Recommended Diaries

On France 24
by Jerome a Paris - Jan 7
114 comments

First Real Signs of Trouble for Windpower
by Crazy Horse - Jan 7
14 comments

Reilu Tappio: Whither the Finnish SDP?
by NordicStorm - Jan 6
10 comments

Belated Prague Photoblog (graphics heavy)
by In Wales - Jan 7
10 comments

Would they let the UK into the Euro?
by In Wales - Jan 7
28 comments

Red Arrow to Bologna
by DoDo - Jan 6
52 comments

The Hamas red herring now belongs to Obama
by shergald - Jan 6
23 comments

SER-2 [01] Introduction
by Luis de Sousa - Jan 7

Recent Diaries

Sun Tzu on Gaza
by gmoke - Jan 7
2 comments

Belated Prague Photoblog (graphics heavy)
by In Wales - Jan 7
5 comments

First Real Signs of Trouble for Windpower
by Crazy Horse - Jan 7
7 comments

Marginalia: China is Doomed.
by MarketTrustee - Jan 7
5 comments

On France 24
by Jerome a Paris - Jan 7
57 comments

My stimulation idea - paid volunteerism.
by rdf - Jan 7
13 comments

Would they let the UK into the Euro?
by In Wales - Jan 7
14 comments

SER-2 [01] Introduction
by Luis de Sousa - Jan 7

Reilu Tappio: Whither the Finnish SDP?
by NordicStorm - Jan 6
5 comments

Red Arrow to Bologna
by DoDo - Jan 6
26 comments

Where do you get rail project cost numbers?
by BruceMcF - Jan 6
17 comments

The Hamas red herring now belongs to Obama
by shergald - Jan 6
23 comments

Economic/Market Highlights 1/5..."Bad and Getting...
by Larry Doyle - Jan 6
19 comments

How to Pick Alternative Energy Winners.
by joelado - Jan 6
3 comments

My Long Thaw
by sidd - Jan 6
30 comments

Solar Minimum: A cold snap on the way
by Luis de Sousa - Jan 6
5 comments

"The Wall St. Model Is Broken....and Won't Soon Be...
by Larry Doyle - Jan 5
30 comments

Why the Middle East Conflict Never Ends
by rdf - Jan 5
44 comments

Only if you have the stomach: the carnage in Gaza DELETED
by shergald - Jan 4
7 comments

The myth of hamas ceasefires not working...
by shergald - Jan 4
3 comments

More Diaries...

Debates

Campaigns

Occasional Series