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Who 'made $10bn on 10/1 bet that U.S. credit rating would be downgraded'?

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posted on Aug, 9 2011 @ 10:18 AM
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Ive gotten over the LEFT vs RIGHT issue a long time ago.... I vote for the puppet who says he/she is going to do what I want.... I know they don't really have much control, just like we don't really have control with our votes....

It would be nice to hear from some of the founding fathers, I bet they would hang the guys in charge now




posted on Aug, 9 2011 @ 02:06 PM
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The put option that was placed on the credit system, was being talked about in the media for over 3 weeks now. With one columnist and financial expert on CNN stating back a month ago that the downgrade was going to happen. This has nothing to do with insider trading, its just someone who saw a trend and took a gamble. Exactly what the stock market is about!

If any insider trading was to take place it would have been from within Standard and poors or someone working with an individual within the know of what S&P was about to do.



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