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Historic Downgrade

U.S. Downgrade Heralds A New Financial Era

PIMCO | Mohamed A. El-Erian | Posted 10.06.2011 | Business

There will be endless debate on whether S&P, the rating agency, was justified in stripping America of its AAA rating and — adding insult to injury ...

U.S. Credit Rating Downgraded By S&P

Posted 10.05.2011 | Business

From AP: WASHINGTON — The United States has lost its sterling credit rating from Standard & Poor's. The credit rating agency on Friday lowered...