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Quote for the day:
Alexander Hamilton started the U.S. Treasury with nothing, and that was the closest our country has ever been to being even.
- Will Rogers
In the news:
New orders for durable goods fell last month by 0.5%. But, new orders for durable goods less transportation rose 2.5%, the biggest gain since last July.
Moody's and Standard & Poor's will have to "differentiate ratings of structured finance products from other ratings, preferably through different rating symbols."
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Quote for the day:
Alexander Hamilton started the U.S. Treasury with nothing, and that was the closest our country has ever been to being even.
- Will Rogers
In the news:
New orders for durable goods fell last month by 0.5%. But, new orders for durable goods less transportation rose 2.5%, the biggest gain since last July.
Moody's and Standard & Poor's will have to "differentiate ratings of structured finance products from other ratings, preferably through different rating symbols."
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