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Monday, June 25, 2018
credit downgrade

Wall Street, Still Betting Against America

In another display of Wall Street morality, the Securities and Exchange Commission is investigating whether hedge funds made insider trades benefiting from Standard & Poor’s U.S. credit downgrade last month. According to the Wall Street Journal: Securities regulators have sent subpoenas to hedge funds, specialized trading shops and other firms as they probe possible insider […]

September 20, 2011

Obama: U.S. Shouldn’t Let Its Credit Be Downgraded Because We Lack ‘AAA Political System To Match Our AAA Credit Rating’

Speaking from the White House around 10:30 this morning, the president insisted the nation work for a solution to avert default and steer clear of a predictable — and avoidable — crisis: Right now, the House of Representatives is still trying to pass a bill that a majority of Republicans and Democrats in the Senate […]

July 29, 2011