Relevant:
- Bad Omen: Egan-Jones Slashes U.S. Credit Rating in Response to Fed's QE
- Egan-Jones on Sovereign Default Risk & Losses (US & Europe)
- Sean Egan: No Basis for SEC to Accuse Ratings Firm
- SEC Accuses Egan-Jones Ratings Co. Accused Of Misrepresenting Itself To The Agency
- What would U.S. credit downgrade mean for mortgage rates?
2012-09-15 — cnbc.com
``In its downgrade, the firm said that issuing more currency and depressing interest rates through purchasing mortgage-backed securities does little to raise the U.S.'s real gross domestic product, but reduces the value of the dollar.''
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