US Braces for S&P Downgrade: Reports

Reports from ABC and CNBC are feeding a hot rumor in financial circles: S&P is going to downgrade the nation’s triple-A credit rating. Both reports are based on anonymous sources. ABC’s Jake Tapper quotes one official who says the federal government is not only preparing for a downgrade but expecting…

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US Braces for S&P Downgrade: Reports

Posted by on August 5, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.