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July 16th, 2013
12:52 PM ET
Motorcyclist Bill Warner dies attempting to set world speed record
Motorcyclist Bill Warner dies while attempting to set speed record.
Erin Burnett pays tribute.
Motorcyclist Bill Warner dies while attempting to set speed record.
Erin Burnett pays tribute.
Regarding the "Lost" Credit Rating by Standard & Poor's:
"US may pursue $5 billion fraud lawsuit vs S&P. A federal judge has ruled that the US government may pursue its $5 billion civil fraud lawsuit accusing Standard & Poor's of misleading investors by inflating credit ratings."
The US never "lost" its credit rating considering that S&P is a private credit-rating agency with strong political motives. The reality is that the US has been favored with the best credit rating in US history ever since the day that S&P announced its downgrading, an action not followed by the two other major credit rating agencies, Moody's and Fitch.
CNN's "OutFront" looks incredibly naïve with respect to this particular economic issue it has been hyping for over two years. Is S&P a subsidiarly of Time Warner and CNN?