Subscribe

credit-rating

by on

There is one good reason to downgrade the United States' credit rating, but S&P, whose credibility was already spent after the housing meltdown, gave a host of largely bogus explanations for its actions.

on

Two seemingly -- but not actually-- contradictory things must be understood to grasp the meaning of the anger and excitement over Standard & Poor's downgrade of U.S. government debt, says Paul Krugman. (more)

on

Standard & Poor's, one of those ratings agencies that made a living signing off on toxic assets, has once again thrust itself into the spotlight by downgrading Uncle Sam's credit outlook from "stable" to "negative." As a consolation prize, S&P let us keep our AAA rating.

Personalize your Truthdig experience. Choose authors to follow, bookmark your favorite articles and more.
Your Truthdig, your way. Access your favorite authors, articles and more.
or
or

A password will be e-mailed to you.

Statements and opinions expressed in articles and comments are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.