vvg26, I was just gonna post that link but I see you beat me to it. Not only does BuffetT believe that the economy will recover when the glut of houses is absorbed and not only is Berkshire the largest holder of Moody's but if you watched the video you would also realize that BuffetT and Obama are BFFs. I would not suggest any wrong doing or shonky ratings by Moody's but, LOL, I think it would at least be safe to assume that Moody's won't be rushing into any downgrade of the US rating.....
....I have been reading opinions all day on this subject and I have concluded that a slowing US economy and the EU debt issues are a real problem but this whole ratings issue might turn out to be something that sees panic sellers of the last few days very badly burnt.
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