iBankCoin
Joined Nov 11, 2007
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Weiss Ratings “Very Close” To Putting U.S. on Junk Status

“While Moody’s Investors Services placed the U.S. triple-A credit rating on review for a downgrade Wednesday, another rating agency may soon go several steps further.

Weiss Ratings is “very close” to downgrading U.S. government debt another notch, to “C-minus” on its own scale, just a step above junk, Martin Weiss, president of the ratings group, tells CNBC.

Moody’s and Standard & Poor’s should have ditched the triple-A rating long ago, Weiss says. ”

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5 comments

  1. Mr. Cain Thaler
    Mr. Cain Thaler

    Who the fuck is Weiss Rating?

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    • Po Pimp

      That’s the exact same question I had. Thing is, these dudes are probably more in touch with reality than the big name agencies.

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  2. drummerboy

    good.

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  3. JakeGint

    They are also contemplating downgrading Six Flags Great Adventure from “Easy to Hook w. Jersey Skanks” to “You have to buy ’em some joolery first.”

    _________

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