{"id":195077,"date":"2008-07-30T23:30:00","date_gmt":"2008-07-31T04:30:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/30\/state-of-connecticut-sues-ratings-agencies\/"},"modified":"2008-07-30T23:30:00","modified_gmt":"2008-07-31T04:30:00","slug":"state-of-connecticut-sues-ratings-agencies","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/30\/state-of-connecticut-sues-ratings-agencies\/","title":{"rendered":"State of Connecticut Sues Ratings Agencies"},"content":{"rendered":"<p>They are suing over their <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&amp;sid=a9PBxcQrkXCQ\">giving lower ratings to government bonds than equivalent corporate bonds<\/a>, which they actually call, &#8220;a secret Wall Street tax on Main Street&#8221;.<\/p>\n<p>The disparities in ratings means either higher interest rates, or carrying monoliner insurance, both of which accrue to the benefit of Wall Street.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>They are suing over their giving lower ratings to government bonds than equivalent corporate bonds, which they actually call, &#8220;a secret Wall Street tax on Main Street&#8221;. The disparities in ratings means either higher interest rates, or carrying monoliner insurance, both of which accrue to the benefit of Wall Street.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,1004,1045,985],"tags":[],"class_list":["post-195077","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance","category-insurance","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195077"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=195077"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195077\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=195077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=195077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=195077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}