Aaa Quotes

The once-unthinkable loss of the AAA rating will constitute a further hit to already fragile business and consumer confidence. (Mohamed El-Erian)
Junk bonds prove there's nothing magical in a Aaa bond rating. View quote
Merton Miller
It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for. View quote
Matt Taibbi
Men exist because a vibrator can't fix a flat tire. On second thought, I should just buy a AAA card. View quote
Jill Shalvis
Michigan is also the only industrial state that has a AAA credit rating. View quote
John Engler
Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back. View quote
Mark Zandi
There was a time in L.A. when I drove to 7-Eleven to go grocery shopping, and I locked my keys in my car, which wasn't insured. My wallet was in there, and I couldn't call AAA, because I only had $7 in my bank account. It was one of those moments where I was like, 'O.K., I literally have nothing right now.' View quote
Whitney Cummings
I mean, Iceland is Iceland. It can't do damage to anybody unless you're Icelandic. But the United States can drag down the entire western economy. And I think what we are seeing is simply a reflection of reality. This is not, I'm sorry, but this is not a AAA nation. View quote
Mark Steyn
What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them. View quote
Matt Taibbi
American farmers fought the ‘protective tariff' from 1800 to 1896 ... Even as late as 1933, when Garet Garrett and I drove all over the Midwest, the farmers in general were not wanting AAA or any other federal interference. In Kansas I met a rabble‐rousing New Dealer from Washington who took me to a farmers' meeting where he spoke with real conviction and eloquence. The audience listened absolutely noncommittal, until he worked up to an incandescent peroration: ‘We went down there to Washington and got you all a Ford. Now we're going to get you a Cadillac!' The temperature suddenly fell below freezing; the silent antagonism was colder than zero. That ended the speech; the whole audience rose and went out. The orator later said to me, ‘Those damned numbskulls! The only thing to use on them is a club!' View quote
Rose Wilder Lane