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A comment on $1B betting the United States will lose its AAA credit rating.. Parent comment

Re:$1B betting the United States will lose its AAA credit ra... by marcamillion on Thursday July 28, 2011 @08:10AM (#2816360)
Good point. It would be interesting to see where the trade originated. If it originates from Britain, there could be a good chance that a foreign central bank is behind it.

But that just doesn't make sense - because most foreign central banks that have the wherewithall to do that own a TON of Treasuries, so they are just making things worse for themselves....don't see how that makes sense.

But I could be missing something here.

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Re:$1B betting the United States will lose its AAA credit ra... by retube on Thursday July 28, 2011 @08:54AM (#2816487)
The author of the article has absolutely no grasp of futures or how they work. This trade is no big deal, trades this size are done all the time by all sorts of financial institutions for any number of reasons.
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