Re:Puerto Rico files for biggest ever U.S. local government ...
by analog31 on Wednesday May 03, 2017 @07:44PM
(#14261251)
If I were to look for fraud anywhere, I'd start by looking at the people who give inflated ratings to bonds.
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Re:Puerto Rico files for biggest ever U.S. local government ...
by candiodari on Friday May 05, 2017 @10:25PM
(#14278339)
What about politicians that use the government to take action against firms when they lower particular ratings ?
Are those committing fraud too ?
What, incidentally, about politicians who force pension funds to buy bonds "they like" by legal means ? (at least 200 politicians in current service are guilty of this)
These are US government bonds, by the way, if a default happens with them, the sort of organisation that will suffer the most is US pension funds.
[1] https://en.wikipedia.org/wiki/United_States_federal_governme...