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Standard and Poors

A Walk on the Wild Side at CNBC

Dan Solin | Posted 10.16.2011 | Business
Dan Solin

Maybe U.S. based companies are doing "well," but we live in a global economy. Limiting investments to U.S. based companies deprives investors of opportunities in other countries and reduces their ability to diversify risk.

State Credit Ratings Across The Nation [MAP]

The Huffington Post | Harry Bradford | Posted 10.16.2011 | Business

Other credit ratings agencies may have reaffirmed their faith in the United States' credit worthiness but the fallout from Standard and Poor's downgra...

S&P Says Microsoft More Creditworthy Than U.S. Government

David Morris | Posted 10.16.2011 | Business
David Morris

U.S. corporations have come to believe their fates are no longer inextricably tied up with the fate of their country's economy. They're sorely mistaken, and we're all suffering from the consequences of their delusion.

Prominent Agency Keeps U.S. At Highest Credit Rating

AP | MARTIN CRUTSINGER and CHRISTINA REXRODE | Posted 10.16.2011 | Business

WASHINGTON — Fitch Ratings said Tuesday that it would keep its rating on long-term U.S. debt at the highest grade, AAA, and said the outlook rem...

Standard-ly Poor (S&P)

Rep. Gary Ackerman | Posted 10.15.2011 | Politics
Rep. Gary Ackerman

What makes S&P's proclamation so curious is that its recent securities-rating track record has been, shall we say, off the mark? In all my years of teaching math, I never had even the poorest student make a two trillion dollar error.

The S&P Downgrade Market Plunge Myth

Dean Baker | Posted 10.15.2011 | Business
Dean Baker

Any politician who has so little understanding of financial markets and the economy to blame the stock market plunge on the downgrade should not be involved in designing economic policy.

Austerity: The Wrong Prescription

Carl Gibson | Posted 10.11.2011 | Politics
Carl Gibson

While Republicans and the corporate media bemoan the growing federal debt as our most pressing crisis, very few commentators have mentioned the necessity of addressing America's most crucial deficit -- jobs.

So What Happened?

Jerry Jasinowski | Posted 10.11.2011 | Business
Jerry Jasinowski

Basically, we are witnessing a re-pricing of asset values to reflect the reality of the liquidity crisis of Europe and a global economic slowdown.

Obama's No Good, Very Bad Month

AP | TOM RAUM | Posted 10.11.2011 | Politics

WASHINGTON — It has been a lousy month for President Barack Obama. And August is not yet 2 weeks old. Running for re-election, he's getting be...

The View Is Different Down Here

Luis Alberto Moreno | Posted 10.10.2011 | Latino Voices
Luis Alberto Moreno

Anyone traveling to Latin America these days is struck by the contrast between the brisk growth and optimistic outlook of the region and more pessimistic views from vantage points further north.

Real Downgrade Is When China Dumps Their Treasury Holdings

Jeffrey Rubin | Posted 10.10.2011 | Business
Jeffrey Rubin

The loss of America's AAA credit rating brings us that much closer to the day when the People's Bank of China doesn't show up at the Treasury auction.

Four Ways The World Can Avoid Another Depression

The New Republic | William Galston | Posted 10.10.2011 | Business

The current crisis is not just a U.S. problem or a European problem; it is a global problem that requires a coordinated global response. “We’re al...

Lucia Graves

Dylan Ratigan Rant: Debt Negotiations 'Reckless, Irresponsible And Stupid' | Lucia Graves | Posted 10.09.2011 | Media

WASHINGTON -- Speaking with a show panel on the country's debt and credit rating on Tuesday, MSNBC's Dylan Ratigan decried economic plans put forth by...

Jason Linkins

WATCH: S&P Downgrade Gives Media A 'Wake Up Call' About The Terrible Economy | Jason Linkins | Posted 10.09.2011 | Media

Ordinary people in America have probably noticed that over the past three years, the economy has been, for the lack of a better term, "FUBAR." Even if...

Gerry Smith

No Repeat of 2008, But U.S. Economy Still Vulnerable to Shock | Gerry Smith | Posted 10.09.2011 | Business

Even as the stock market has gyrated wildly in recent days, bringing inevitable comparisons to the financial crisis of 2008, economists say a repeat o...

WATCH: Conan's Reasons Why America Is Still Awesome

Posted 10.09.2011 | Comedy

Despite cries that America's credit rating was downgraded erroneously by rating agency Standard & Poor's, nobody can deny that the national mood is le...

'Pretty Darn F**ked' And Other Big-Name Reactions To Downgrade

The Huffington Post | Harry Bradford | Posted 10.08.2011 | Business

When Standard and Poor's decided to downgrade U.S. credit for the first time in history on Friday, it set off a firestorm of commentary, bringing out ...

Standard and Poor's, The White House and the Economy

Clarence B. Jones | Posted 10.08.2011 | Business
Clarence B. Jones

The White House, Treasury officials and persons in the private sector who are now so publicly critical of Standard and Poor's for its downgrading of the creditworthiness of the US government are too late and off the mark.

Who Should We Trust? Dems, GOP... Standard and Poor's?

Paul Heroux | Posted 10.05.2011 | Politics
Paul Heroux

Downgrading us could prove to be a credit rating agency disaster as it has with other countries that have been downgraded.

U.S. Credit Rating Downgrades Are a Surprise? Forget AA+

Simon Dixon | Posted 10.08.2011 | Business
Simon Dixon

When did a credit rating stop becoming a credit rating? So the world and our politicians seem to be surprised with the announcement that Standard and...

The Funniest Economic Downgrade Tweets So Far

Posted 10.08.2011 | Comedy

Sometimes, things are so bad you just have to laugh... and tweet. When the S&P downgraded the United States credit rating on Friday, it all but as...

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.

What's Next After the S&P Downgrade

Jagadeesh Gokhale | Posted 10.08.2011 | Business
Jagadeesh Gokhale

The S&P rating should be treated as but one datum in a vast sea of information about the financial sector and the overall economy.

Obama Gives Statement About Economy In Wake Of S&P Downgrade

AP | BEN FELLER | Posted 10.08.2011 | Politics

WASHINGTON — Eager to calm a nervous nation, President Barack Obama on Monday dismissed an unprecedented downgrade in the nation's credit rating...

Debt Rating Isn't What's Sending Markets Down

AP | By CHIP CUTTER and PALLAVI GOGOI | Posted 10.07.2011 | Business

NEW YORK -- U.S. investors will have their first chance Monday to react to Standard & Poor's decision to strip the U.S. government of its top credit r...