MercoPress. South Atlantic News Agency
US government to sue Standard & Poor’s over 2007 mortgage-bonds assessments
Standard & Poor's says it is to be sued by the US government over the credit ratings agency's assessment of mortgage bonds before the financial crisis. The civil lawsuit would focus on S&P high ratings in 2007 for some mortgage-backed securities that later collapsed in value, said the agency. Read full article
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Disclaimer & comment rules“S&P and other agencies have faced criticism from investors, politicians and regulators for assigning their top AAA ratings to thousands of sub-prime and other mortgage securities that later collapsed in value.”
Feb 05th, 2013 - 01:47 pm - Link - Report abuse 0And some countries like UK perhaps?
@1 Tripple A rating eh? because we have earned it, we pay our debt, unlike you criminals, junk rating for Argies is all you deserve.
Feb 05th, 2013 - 05:09 pm - Link - Report abuse 0http://en.mercopress.com/2013/02/05/us-government-to-sue-standard-poor-s-over-2007-mortgage-bonds-assessments#comment212992: If Argentina's defaults raise you ire then the UK's defaults must make you livid!
Feb 06th, 2013 - 12:22 am - Link - Report abuse 0This is how countries with healthy judicial systems actually effect change.
Feb 07th, 2013 - 06:27 pm - Link - Report abuse 0@4
Feb 08th, 2013 - 02:20 pm - Link - Report abuse 0Quote of the day... USA and “healthy” judicial system.
You know you North Americans and Europeans really deserve what is happening to you. Your children will be worse off than you, that is now inevitable. But this nonsense of insisting your institutions still work “for the people” as originally intended is your hamartia.
The USA and UK are at best “A” bond grade, and to actually be proud of your current rating (which by looking at the simple math numbers of debt to GDP plus primary deficit could not be more crystalline in that you are not), because some completely and thoroughly disreputed rating agencies says so makes it all the more pitiable.
This movie has only one ending: when you Euro-northams wake up to admit your countries are failed way off course, you will be deep in the middle of the proverbial doldrums. And well deserved.
IS that what they are teaching in Rgentina these days? When you wan failure, go down to Puerto Madero and see what Asslips the Botox Bitch refuses to allow in the country. CHeck out the major grocery stores oin larger cities, not the riot infested rat holes like mendoza. rgentina is a classic example of how to run a country into the ground a a decade's time frame.
Feb 08th, 2013 - 05:14 pm - Link - Report abuse 0The poor child in the USA will never be barefoot and juggling on avenues like 9 de Juilo or 5 year olds begging at the Oblisk. Mom and dad whore their child out at such young ages.
When the USA default's to it's creditors like Rgentina has and continues to do so, then you can talk about downgrading their rating.
Rgentina HAS and IS in default of money owed
The USA is NOT in default and PAYS the debt it owes.
When we default, come back and slap me in the face and call me a “Rgentine deadbeat”
NOw go back and suck your momma's tit. Oh yeah.....and STILL no electricity in areas of BsAs........all from heat !!!
Captain Piss don't accept the fact that Boston is buried with snow and there is no electricity, transportation, communication , etc. for the next tree weeks!
Feb 09th, 2013 - 08:39 pm - Link - Report abuse 0The USA, my country is flat broke.
Captain Piss knows that on March 1, 2013 the reduction of services including military personnel and contractors are terminated.
There 49.5 millons USA citizens living below poverty levels!
He should concentrate on the USA 16 TRILLON DEBT instead of Argentina economy!
poor asshole!
Snow......is that all you have is snow in Boston.....yup.....32 inches of it.......so what? Monday it's back to work. I would love to see 81 cm of snow fall on Buenos Aires .....lol.
Feb 09th, 2013 - 09:22 pm - Link - Report abuse 0BTW......green the envious color, probably the color of your balls and yellow blood.
Hey.....what s the poverty level in the USA in pesos?
@ Crap Train PooP ys
Feb 10th, 2013 - 06:07 am - Link - Report abuse 0Well what I can say after the wonderful post made by Mr.GreenHat showing you the lack of contact with reality about the financial situation of US you have?
Credit is a good thing but when is manageable and you invest that money in productive things or use it to close the gap in especial bad financial situation for short period of time.
But when you have been for 30 years living just on debt and borrowing like crazy that is a dangerous problem.
Many countries like happened to Argentina in the past have become “credit addicts” and that is the reason why is so important the AAA rating for them.
In other words a cocaine addict person with serious financial troubles is extremely happy because the agencies from cocaine dealers give him “AAA” credit rating to buy more cocaine.
No difficult to figure out that this guys will end without car, house, job, family, etc.
But that is not the whole figure about how bad is the situation for indebted countries.
In the near future will be a competition among indebted countries for borrowing cheap abroad.
Some the messy countries with no show of economy improvement will have to pay more spread because money will become a scarce commodity...
So tell me what is your plan to get out of the mess in which US its is?
Can you tell us how you an expert in economy how are you going to fix US structural economy problems?
Dumburger.....I commend your attempt at speaking english, I really do, but can to ask la campora to return the previous dumburger, he at least spoke somewhat more comprehensively.
Feb 10th, 2013 - 02:50 pm - Link - Report abuse 0I was going to say that:
1-rgentina should not be lecturing anyone on managing responsible debt with the largest default in the history of nations.
2-You trolls talked about January 1st.....now march 1st....hold onto you dreams of a nightmare, better yet, hold your breath until the big day.
3-The USA economy is weak but not dead. We do not stop imports to the point of hurting the economy like the Great Cunt of Rgentina does, did you see the those rusting containers in the port?
But I will not because you are not in rgentina. When the USA defaults and screws the people they borrowed money from, then you have some legitimacy to the fractured words you speak. When the USA hits double digit inflation, double digit unemployment, when construction declines like rgentina's, when the dollar
( which the strength is based on demand, not set rates by the government) declines ....like the RG peso, or anyother other SA curency, then you may be onto so something. Until the USA collapse's, you continue to speak from a wishful think P.O.V. In the meantime, you troll have nothing but mere contempt and contempt will not collapse a nation. You most of have lack the most legitimacy and you know why.
If you really want an anwser to what is going to happen economically, ask my government. Unlike rgentina, the president here DOES speak to the media and does not try to dismantle the media. Not being in rgentina you would not know that. Not being in the USA you would not know anything. All your internet reading makes you a man with a paper asshole when you make statements.
Obama in the USA is known as the “food stamps” president.
Feb 10th, 2013 - 06:25 pm - Link - Report abuse 0He is nothing more than a CHARLATAN....
the USA is sinking....
16 TRILLON dollars in DEBT ....
and increasing ...
see the USA DEBT CLOCK.
Last week Obama did not respond the reporters questions about the financial fears....
Obama said “he has a Press Secretary”
The USA Post Office has 8 billons deficit
Starting August 1 there is mail delivery on Saturday
Crime is increasing
Illegal immigration keep increasing
What this “captain” can do about these problems: NOTHING!
@Crap Tain PooP Y
Feb 10th, 2013 - 06:43 pm - Link - Report abuse 0You are the most idiot person I have ever met in planet earth.
1- US had defaulted several times in history.
1790 Alexander Hamilton on national debt (hair cut and debt restructuring)
1903 on Panama’s debt, US refused to pay in gold de debt owed to Panama due to the treaty of 1903.
1933 Repudiation of national debt during big depression.
1979 defaulted on treasuries bills
http://dmarron.com/2011/05/26/the-day-the-united-states-defaulted-on-treasury-bills/
http://dmarron.com/2011/05/26/the-day-the-united-states-defaulted-on-treasury-bills/
Also last year US was close to default when the congress didn’t want to rise the debt limit.
2- US already has a double digit unemployment idiot.
US has 6 measurement grades that range from U1 to U6 (U1, U2, U3, U4, U5, U6) what the US govt. Show to the idiots and is replicated by the propaganda media in US is U3.
U3 Does not contain people that is unemployed by different circumstances and also who were not long term unemployment or discouraged workers, etc.
The US INDEC Moreno style also cooks the books and even though you can see that unemployment in US is 15.4%. What in reality would be close to 19%.
http://dmarron.com/2011/05/26/the-day-the-united-states-defaulted-on-treasury-bills/
3- Idiots like you in US never have a clue about what is going on because live in deny like you do.
Seems everybody knows that US’s economy is worsening and worsening but you.
4- Ask your government? Are you joking?
Hello Obama how is going the economy? Fine mate just fantastic yes we can.
Ha ha How idiot are you
Brainwashed who?
BTW more bad news for you “waiving flag idiot”, China had surpassed US as a major trader in the world.
Do you know what that means?
Ready to clean toilettes in Tijuana?
Bye bye...
you're like a broken record, or just broken. I keep waiting to hear that popping sound of your head coming out of your asshole. Why do you not go back home to your motherland.......are you on the lame? Honestly, I would return either if I were the head lice like you and had a pack of nits. Even you nits do not deserve to live in rgentina.
Feb 10th, 2013 - 09:37 pm - Link - Report abuse 0I've been to every place I critique.....have you? I can hardly wait until March 1st comes and goes and nothing happens.
I think you trolls should be named to chicken little. Pollo poco. You cry about the USA collapsing, you get brown stains in you panties thinking the Falklands are rgentina's, you screw investors and retirees out of hundreds of billions of dollars in debt you refuse to pay back that you legally borrowed. Grew up or just fade away......just fade away. Rgentina will end up a mere stain of a wet fart on the world map, cleansed away with bleach and the world will be none the wiser you ever existed. Everyday I call friends in Corritentes, it takes 20 calls because they always get disconnected, but never in BsAs. When will rgentina upgrade their infrastructure to the modern world. You don't even have caller ID outside of BsAs city.
BTW you never met you you fucking imbecile. Hey.....I got one for you.....what's the difference between a fart and an rgentine? The stink of a fart eventually fades away.
Caio gracias
@13
Feb 10th, 2013 - 09:55 pm - Link - Report abuse 0did you pay the $800 pesos restaurant meal? Such amount is not expensive...
I called Formosa and my friends are doing well
Good for them who said I paid 800 pesos for a meal?
Feb 11th, 2013 - 12:32 am - Link - Report abuse 0I just called Entre Rios and everyone is doing well!
Feb 11th, 2013 - 12:36 am - Link - Report abuse 0Try Mercedes....they even lost electricity last not....another heat thing. They laughed when I blasted the phone and electricity and said it happens all, repeat....all the time. The phones cut out every day during calls because the system there is even older than in BsAs. When I was in Missiones, electricity went out twice in one week. Once while waiting 40 minutes in line for gas.
Feb 11th, 2013 - 11:07 am - Link - Report abuse 0Life in Rgentina!!
http://en.mercopress.com/2013/02/05/us-government-to-sue-standard-poor-s-over-2007-mortgage-bonds-assessments#comment215752: You should change your job. The one you have now, which requires you to travel to Argentina, is obviously causing you a lot of stress.
Feb 11th, 2013 - 12:02 pm - Link - Report abuse 0@Crap Tain PooP Y?
Feb 11th, 2013 - 01:31 pm - Link - Report abuse 0“Pollo poco” that is really good in what language is that US Spanglish?
And little brain how would be? “Mente Poco”?
Lets me see if I can make a sentence with that...
I’m a Yankee “Mente Poco” that feels “Pollo Poco”.
No so bad for being my first time trying with US Spanglish. Isn’t it?
Anyway still US having 2 digit unemployment, close to collapse, China new world trader, US 16 trillions debt and not electricity, fuel, phone service in many US cities and states.
And I don’t want to mention the cuts in basic services in many states like California for lack of money and in some states their are turning paved roads into unpaved to save money in maintenance.
Sad, very sad indeed...
Stop smoking crack dumburger.....and please go back to rgentina and get a good look at it's collapse.
Feb 11th, 2013 - 01:49 pm - Link - Report abuse 0what is the value of the rg peso?
and if you believe that the USA hasa not electricity or phone service.....give me your phone number and I will gladly call you from your safe, comfortable home in Europe
@ 20
Feb 11th, 2013 - 03:10 pm - Link - Report abuse 0captain piss
The USA is worst: cyber attacks at any time!
and mother nature tornadoes can destroy half of the country!
I know trolls are stupid but help me gage the level. Do you believe what you are given to type?
Feb 11th, 2013 - 03:30 pm - Link - Report abuse 0@22 Captain popeye
Feb 11th, 2013 - 05:13 pm - Link - Report abuse 0I can legally marry you in London
@ 22
Feb 11th, 2013 - 06:20 pm - Link - Report abuse 0if trolls are stupid why YOU continue responding?
Merco-british crap-Press is boring.
Is that your logic, stupid people are to be ignored?
Feb 11th, 2013 - 06:32 pm - Link - Report abuse 0@Crap Tain PooP Y
Feb 11th, 2013 - 06:36 pm - Link - Report abuse 0currently in boston 15000 without electricity power.
More in the north 600.000 without electricity power.
You are in Tijuana that is the reason you have electricity and phone service.
@25
Feb 11th, 2013 - 06:36 pm - Link - Report abuse 0go to sleep british ashole!
Lo, you a fucking joke dumburger. Of course people are without electricity. We had over 3 feet of snow you moron. We also have thousands of crews working to restore power. Everyone reading your post regarding people without power after a snowstorm are laughing.....not with you....at you.
Feb 11th, 2013 - 07:53 pm - Link - Report abuse 0You have no legitimacy to anything you say as you have never been here. You are kirchner's court jester.....her personal bidet.
@ 28
Feb 11th, 2013 - 09:34 pm - Link - Report abuse 0The USA in under a Cyber attack. You need to watch CNN more often!
Tomorrow Charlatan Obama will tell in his speech that the USA needs to borrow more money from third world countries to keep afloat, that starting March 1 millons of people will be terminated from their jobs because of the Budget reduction that will take place, that GUN CONTROL cannot stop the massive killing of inocent children attending school, that IMMIGRATION REFORM won't stop the millons of illegal mexican drug dealers, that HE cannot do anything to improve the ECONOMY.
In other words, Charlatan OBAMA is nothing more than a CHARLATAN!
Oh my.....I think I will move to Rgentina! When I need to shit on someone.
Feb 11th, 2013 - 09:45 pm - Link - Report abuse 0@30
Feb 11th, 2013 - 09:59 pm - Link - Report abuse 0YOUR WIFE ISOLDE DON'T MAKE ANY SENSE!
@Crap Tain PooP Y
Feb 12th, 2013 - 12:20 am - Link - Report abuse 0“and if you believe that the USA hasa not electricity or phone service.....give me your phone number and I will gladly call you from your safe, comfortable home in Europe”
Still 150.000 People in Boston without electricity and phone service.
Still 600.000 in the north without electricity and phone service.
Still NY having fuel shortage and people without electricity.
Still unemployment in US rising.
Still US’s Economy shrinking.
Still 60millions poor in US.
Still shantytowns everywhere.
China took over US as a world’s biggest trader...
All facts...
Compare natural disasters to why things happen in rgentina..........lol. Yes do the math China 1,400,000,000 versus the USA 317,000,000. Of course as long as they can maintain there............
Feb 12th, 2013 - 12:34 am - Link - Report abuse 0You are one clever fucking troll. Have maximo the fat fuck kirchner bend you over and tickle your prostate as a reward!!!!
What “maximo” has to do with this?
Feb 12th, 2013 - 03:58 am - Link - Report abuse 0Nobody picks on Charlatan Obama daughters!
@Crap Tain PooP Y
Feb 12th, 2013 - 05:54 am - Link - Report abuse 0The only natural disaster you have got are those corrupted politicians that you have in congress and you vote for president.
Hurricane GW Bush and Oboso earthquake are a good example of that...
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