View Single Post
      08-05-2011, 09:01 PM   #17
11Series
.
 
Drives: BMW turned up to 11
Join Date: Oct 2010
Location: These things go to eleven

Posts: 668
iTrader: (0)

Something smells fishy in Denmark. Standard and Poor's admits that they made a 2 TRILLION dollar math error, and yet downgrades the US credit rating anyways.

From the Wall Street Journal website:

http://blogs.wsj.com/marketbeat/2011...grade-warning/

"After two hours of analysis, Treasury officials discovered that S&P officials had miscalculated future deficit projections by close to $2 trillion. It immediately notified the company of the mistakes.

S&P officials later called administration officials to say they agreed with the administration’s critique"
11Series is offline  
0
Reply With Quote