Thursday, August 18, 2011

Ratings innacurate?

The US claims mortgage backed securities ratings by Standard and Poors may be over-rated. Article:  http://www.cnbc.com/id/44184348    REITs lost most of their recent gains, general market( NASDAQ) is also down 4.92% at 12:38pm cts.
1:51pm  a little good news:  WTI crude oil is down 6.04% to 82.29. Car gas should come down. Most of the market moves today are from problems in Europe.

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