NEWS and REPORTS => World News => Topic started by: MSNBC on Aug 07, 2011, 09:02 AM
Title: NYT: S&P fires back after criticism on debt downgrade
Post by: MSNBC on 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.