EDITION: U.S.
SAndP500
Jon Stewart Mocks The Isle of Man's AAA Credit Rating (VIDEO)
by Catherine Lawson, posted Aug 9th 2011 6:55AM
Jon Stewart is still in shock over the US losing its AAA credit rating. Imagine, then, 'The Daily Show' (Weeknights., 11PM on Comedy Central) host's surprise when he found out that other, much much smaller countries have retained theirs.Yes, the tough graders at Standard & Poor's have still awarded a triple-A rating to little places like Luxembourg, Norway and ... what's this? The Isle of Man?
They've given a better rating to a place with no industry and where big burly men "horse around in the pool all day"?!
Oh, no, that's Man Island. S&P's rated The Isle of Man, that itsy-bitsy British Crown Dependency in the Irish Sea. To Stewart's amazement, the tiny island, famous for its tail-less cats, three-legged signs and dangerous motorcycle races, actually has a better credit rating than the US.
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