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Old 07-27-2011, 06:18 PM
Danzig Danzig is offline
Dee Tee Stables
 
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my concern is with all the investors who must invest in 'safe and secure' investments...most notably insurance companies. the us loses triple a, a lot of selling will have to occur. not good...i cant believe that there has been no deal made.
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Old 07-27-2011, 09:40 PM
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Riot Riot is offline
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Quote:
Originally Posted by Danzig View Post
my concern is with all the investors who must invest in 'safe and secure' investments...most notably insurance companies. the us loses triple a, a lot of selling will have to occur. not good...i cant believe that there has been no deal made.
I can't believe Wall Street would allow that, either. They've already ordered the GOP to raise the darn debt ceiling. I think that's why the market isn't that freaked. Just some people trying to benefit big from little movements (like Coach's billion dollar baby).
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