Those things don't happen today. I feel sorry for the kids in the industry today. They have on sunglasses, eat caviar in jet planes, but they'll never know the true feeling that we did.
It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other members of the dwindling club of sovereign AAAs. If this were to materialise and involve a country like France, for example, it could complicate the already fragile efforts by Europe to resc
The paradox of reality is that no image is as compelling as the one which exists only in the mind's eye.