tag:blogger.com,1999:blog-4053585.post6223891889466933733..comments2024-03-26T17:44:07.430-04:00Comments on Viking Pundit: Viking Pundit: ahead of the curveErichttp://www.blogger.com/profile/15911276942829790135noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4053585.post-6916748642522778392015-05-17T14:34:34.579-04:002015-05-17T14:34:34.579-04:00Whew! Thank you for this clarification! There I wa...<i>Whew! Thank you for this clarification! There I was thinking that Chicago's woes might somehow be connected to the fact that it has had 85 years of uninterrupted Democrat rule, but it's now looking like everything might be Moody's fault!</i><br /><br /><br />Indeed, the exclamation points are key to providing "the comedy." Or should that be "the comedy!" And The Daley Shownoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-87308329432345766612015-05-17T10:31:51.446-04:002015-05-17T10:31:51.446-04:00Still compulsively researching and refuting jokes,...Still compulsively researching and refuting jokes, I see.<br /><br />Keep up the good work.Punch linenoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-54853757506645181332015-05-16T19:12:38.145-04:002015-05-16T19:12:38.145-04:00Our ever-temperate poster interprets:
"escala...Our ever-temperate poster interprets:<br />"escalated" + "part of" = "<b>everything</b> might be Moody's fault." <br /><br />Less excitable readers will notice that Standard & Poor's agrees with the quoted financial expert and not with the previous poster. S&P specifically cites Moody's rating as a new factor damaging Chicago's "abilityMoody swingnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-67447724799035719872015-05-16T09:47:04.026-04:002015-05-16T09:47:04.026-04:00"The fact is, the risk has escalated because ...<i>"The fact is, the risk has escalated because of Moody's actions," said Richard Ciccarone, the Chicago-based CEO of Merritt Research Services. "They've become part of the problem."</i><br /><br />Whew! Thank you for this clarification! There I was thinking that Chicago's woes might somehow be connected to the fact that it has had 85 years of uninterrupted Chicago, Chicago - It's My Kind of Junknoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-7750005758113732752015-05-15T19:48:05.412-04:002015-05-15T19:48:05.412-04:00After Moody's bombshell, what will other ratin...<b>After Moody's bombshell, what will other ratings agencies say?</b><br />http://www.chicagobusiness.com/article/20150514/NEWS01/150519881/after-moodys-bombshell-what-will-other-ratings-agencies-say<br /><br />When Moody's Investors Service downgraded Chicago debt to junk status, it did more than tick off City Hall with its timing. It ramped up pressure on other rating agencies, giving Moody swingnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-19791488943583512562015-05-15T19:47:42.068-04:002015-05-15T19:47:42.068-04:00Chicago’s Junk Rating From Moody’s Puzzles Investo...<b>Chicago’s Junk Rating From Moody’s Puzzles Investors</b><br />http://www.bloomberg.com/news/articles/2015-05-14/chicago-s-junk-rating-from-moody-s-puzzles-market-with-s-p-at-a-<br /><br />No U.S. city has provoked a bigger disagreement between the two largest bond-rating companies than Chicago. Investors aren’t sure whom to believe.<br /><br />Moody’s Investors Service has cut the Moody swingnoreply@blogger.com