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Surprise! S&P Downgrades Greece

AP | Posted 02.28.2012 | Business

WASHINGTON -- Standard & Poor's has downgraded Greece's credit rating to "selective default" because of steps the country took last week to force its ...

European Debt Downgrade Unikely to Budge Interest Rates

Richard Barrington | Posted 03.20.2012 | Business
Richard Barrington

As bad as it sounds, it really is a confirmation of a long-recognized problem rather than a sign of new trouble.

Talk About Chutzpa - Wall Street Lecturing America on "Fiscal Responsibility"?

Robert Creamer | Posted 10.08.2011 | Politics
Robert Creamer

The very idea that Wall Street -- and Standard and Poor's -- would have the chutzpa to lecture the rest of America about fiscal responsibility should infuriate each and every American.