Created Fri 22nd May 2009 8:44am PST by

Will the US lose its AAA credit rating in 2009?

Settled as No

Background: May 22 (Bloomberg) -- Treasury Secretary Timothy Geithner committed to cutting the budget deficit as concern about deteriorating U.S. creditworthiness deepened, and ascribed a sell-off in Treasuries to prospects for an economic recovery.

“It’s very important that this Congress and this president put in place policies that will bring those deficits down to a sustainable level over the medium term,” Geithner said yesterday. He added that the target is reducing the gap to about 3 percent of gross domestic product, from a projected 12.9 percent this year.

The dollar extended declines today after Treasuries and American stocks slumped on concern the U.S. government’s debt rating may at some point be lowered. Bill Gross, the co-chief investment officer of Pacific Investment Management Co., said the U.S. “eventually” will lose its AAA grade.

http://www.bloomberg.com/apps/news?pid=20601087&sid=au5M0WphL81g&refer=worldwide

Settlement details:As reported by a major mainstream news source.

Forecast history %

Yes

99%

Settled as No on Fri 15th Jan 9:22am PST

Activity: H$106,048
Predictions: 64
Comments: 0

Suspend date: Thu 31st Dec 2009 11:59pm PST
Settlement date: Fri 15th Jan 9:22am PST
Prediction cut-off: Predictions on this question after Thu 31st Dec 2009 11:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 50%

Action history:

Created Fri 22nd May 2009 8:44am PST by

lola

Suspended Thu 31st Dec 2009 11:59pm PST : Suspend date reached

Settlement requested Sat 2nd Jan 2:34am PST by

jank

: As of today, S&P rating is AAA

http://www.standardandpoors.com/ratings/sovereigns/ratings-list/en/us/?sectorName=Governments&subSectorCode=39&filter=U

Settlement requested Fri 15th Jan 9:20am PST by

jank

: 15 Jan 2010: please settle!!

Settled as 'No' Fri 15th Jan 9:22am PST by