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The chief executive of Moody’s admitted to a Senate panel that the US credit rating agency failed to anticipate the severe deterioration in the US housing market that led to the financial crisis and was “not satisfied” with its performance. (source: FT) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Moody’s chief admits failure over crisis (source: FT)
According to a fairly typical Standard & Poor’s internal e-mail in 2006, the credit rating agency’s highly favourable rating for a structured deal that later went sour “makes us look like idiots” (source: FT) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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E-mails detail role of rating agenciess in crisis (source: FT)
TALLAHASSEE, Fla. (AP) — The new leader of Florida’s Republican party vowed Friday to end the lavish spending of the last three years that has become a political issue in a U.S. Senate race and says the party will release credit card statements in a b..
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New Florida GOP leader: Lavish spending is over (source: Associate Press)
Colombia’s constitutional court has fired the starting gun in the country’s presidential race with a decision that blocks a third campaign by Alvaro Uribe, the man credited with turning around Colombia’s 45-year war against leftist guerrillas (source: FT) - RSS widgets and RSS feeds on Feedzilla.com
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Colombian court blocks Uribe campaign (source: FT)
Baker & McKenzie has published a legal opinion stating that indigenous groups should be entitled to billions of carbon credits in return for sustainable management of their forests (source: FT) - RSS widgets and RSS feeds on Feedzilla.com
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Firm seeks carbon deal for Brazilian tribes (source: FT)
DALLAS — Scientist and Nobel Peace Prize winner Norman Borlaug rose from his childhood on an Iowa farm to develop a type of wheat that helped feed the world, fostering a movement that is credited with saving up to 1 billion people from starvation. (source: Seattle Post Intelligencer) - RSS widgets and RSS feeds on Feedzilla.com
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Borlaug, who saved millions from hunger, dies (source: Seattle Post Intelligencer)
1)Then how come USA is still a super power and everyone in the world come to USA to make there dreams come true.
2) If China has so much of money to lend to USA , then why is there country in poverty compared to USA ?
3) Why do then people in China come to USA as immigrants still ?
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