Standard and Poor’s US Downgrade Shock Doctrine; Lather, Rinse, Repeat

By: Saturday September 17, 2011 10:10 am

The ratings agency Standard and Poor’s is threatening another downgrade of the United States credit rating if the Super Committee doesn’t get results.

 

Standard & Poor’s Downgrade Raises One Legitimate Issue

By: Sunday August 7, 2011 10:30 am

Maybe S&P is right to fear a tectonic adjustment in US economic policies.

Portrait of HAMP Failure: Destroying Credit Ratings

By: Tuesday August 24, 2010 7:15 pm

It may look fine from reading balance sheets in a conference room at the Treasury Department, but at the ground level, the awfulness of the HAMP program, and what it’s doing to American conceptions of their government, really hits you.

Meet Baudoin Prot, the New Resident of Number Ten Downing Street

By: Wednesday May 12, 2010 8:15 am

I know, I know: David Cameron, the guy who overcame his privileged and cosseted upbringing, is the one who’s actually going to be living at that address. But the man who put Cameron at Number Ten Downing is a Frenchman named Baudoin Prot, the chief executive officer of BNP Paribas, a huge multinational banking firm — and Cameron and the Tories had better do as he says, or he can break them just as he made them.

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