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To: drewh

Hmmm...If the US Govt was a corporation wanting to issue bonds, I wonder what its credit rating would be? They would have to extend the ratings scale to include ‘ZZZ’.


4 posted on 01/15/2013 1:03:33 PM PST by Mich Patriot (PITCH BLACK is the new "transparent")
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To: Mich Patriot
Hmmm...If the US Govt was a corporation wanting to issue bonds, I wonder what its credit rating would be? They would have to extend the ratings scale to include ‘ZZZ’.

According to S&P's definitions: an 'C' or [more likely] 'D'.

9 posted on 01/15/2013 1:48:17 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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