AAA+

Why Aren't Rating Agencies Moving U.S. Treasuries to Junk Bonds?

The agencies only move after the event. Lehman's AA on Friday and Chapter 11 on Monday!! Since Merkel and Sarkosy were negatively vocal about them last year there seems to be deathly silence since. I am guessing they must be huge contributors to the members of the Select Finance Committee like 2 GSEs we know.