How do you spell “retaliation”? The DOJ is suing S&P purportedly for ignoring “its own standards to rate mortgage bonds that imploded in the financial crisis and cost investors billions.” Or is it really for downgrading U.S. sovereign debt for the first time in history in 2011? Not retaliation, it’s the Chicago Way.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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