Comments on: Links 2/10/08 http://www.nakedcapitalism.com/2008/02/links-21008.html Mon, 23 Nov 2009 02:08:55 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/02/links-21008.html#comment-3895 Anonymous Mon, 11 Feb 2008 01:12:00 +0000 http://www.nakedcapitalism.com/2008/02/links-21008/#comment-3895 Why would anyone pay money to be insulted? Companies do it because they cannot survive without credit-rating agencies. Agencies are downgrading the ratings of thousands of companies and their bonds but charging those same companies for the dubious privilege. It means the borrowers must not only pay more for their money, they have to pay the agencies that have doubted their creditworthiness.<br/>http://dofonline.co.uk/blogs/business/credit-rating-agencies-would-say-that-wouldnt-they4565/ Why would anyone pay money to be insulted? Companies do it because they cannot survive without credit-rating agencies. Agencies are downgrading the ratings of thousands of companies and their bonds but charging those same companies for the dubious privilege. It means the borrowers must not only pay more for their money, they have to pay the agencies that have doubted their creditworthiness.
http://dofonline.co.uk/blogs/business/credit-rating-agencies-would-say-that-wouldnt-they4565/

]]> By: DOC VODKA http://www.nakedcapitalism.com/2008/02/links-21008.html#comment-3893 DOC VODKA Sun, 10 Feb 2008 21:39:00 +0000 http://www.nakedcapitalism.com/2008/02/links-21008/#comment-3893 YVES,<br/><br/>YOU NEED SOME UPLIFTING MUSIC:<br/><br/>http://www.youtube.com/watch?v=GFKj7iX150Y YVES,

YOU NEED SOME UPLIFTING MUSIC:

http://www.youtube.com/watch?v=GFKj7iX150Y

]]> By: jojo http://www.nakedcapitalism.com/2008/02/links-21008.html#comment-3873 jojo Sun, 10 Feb 2008 14:08:00 +0000 http://www.nakedcapitalism.com/2008/02/links-21008/#comment-3873 Yves,<br/><br/>There's another limitation on the fed cutting rates that the NYTimes missed. If the Fed cuts the fed funds rate below 1%, that starts to squeeze money market funds. They don't lend as far on the yield and credit curves as banks do, so they have trouble covering costs at sub-1% rates. If money market funds start shutting down that would be deflationary. Yves,

There’s another limitation on the fed cutting rates that the NYTimes missed. If the Fed cuts the fed funds rate below 1%, that starts to squeeze money market funds. They don’t lend as far on the yield and credit curves as banks do, so they have trouble covering costs at sub-1% rates. If money market funds start shutting down that would be deflationary.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/02/links-21008.html#comment-3867 Anonymous Sun, 10 Feb 2008 09:23:00 +0000 http://www.nakedcapitalism.com/2008/02/links-21008/#comment-3867 Re: In the Times view, however, Government officials are free to lie without contradiction.<br/><br/>I vote with my web and I ignore them and will never give them a dime. Re: In the Times view, however, Government officials are free to lie without contradiction.

I vote with my web and I ignore them and will never give them a dime.

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