NYT: S&P fires back after criticism on debt downgrade

Started by MSNBC, Aug 07, 2011, 09:02 AM

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MSNBC

Aug 07, 2011, 09:02 AM
A day after Standard & Poor's took the unprecedented step of downgrading the creditworthiness of the U.S. government, the ratings agency offered a full-throated defense of its decision and warned that further downgrades may lie ahead.

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