PPP KINGDOM

PPP KINGDOM

SOMEBODY MADE HUGE MONEY ON S&P DOWNGRADE OF US

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The US Security and Exchange commission is now investigating the Standard & Poor’s Rating Agency over allegations of insider trading before America’s rating change was officially announced.

The method used by Standard and Poor's to cut the US credit rating is under review.

http://rt.com/news/sp-downgrade-us-denninger/

SEC inspectors are examining S&P’s policies for conducting such analyses and whether those procedures were followed when the New York-based firm downgraded the US credit rating on August 5, said a source who did not want to be identified.

http://www.smh.com.au/business/watchdog-reviews-us-credit-rating-cut-20110814-1isz0.html#ixzz1V0s57PUK

Best Regards,

FINANCIAL WARRIOR

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