How stupid is this? Even when Egypt gets a government it will probably be controlled by the Muslim Brotherhood…a terrorist organization!
By Alaa Shahine and Ahmed A Namatalla - Jun 14, 2011 9:46 AM
Egypt is rated Ba3, three levels below investment grade, by Moody’s, which lowered the rating for a second time this year in March. Photographer: Khaled Desouki/AFP/Getty Images
President Barack Obama’s guarantee on $1 billion of Egyptian Eurobonds is poised to reduce the country’s borrowing costs, helping the transition to democracy after six decades of autocratic rule.