Sp Downgrade

Bad News For Spanish Banks

Reuters | Posted 05.25.2012

Read More: European Debt Crisis, Bankia, S&p Downgrade, Video, Spanish Debt Crisis, S&P Downgrades, S&p Downgrades Bankia, Reuters, Business News, Spanish Banks, Business News

(Adds details and background) NEW YORK, May 25 (Reuters) - Ratings agency Standard & Poor's cut the ratings on five Spanish banks ...

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S&P Downgrades Eurozone Bailout

AP | GABRIELE STEINHAUSER | Posted 03.17.2012

Read More: S&p Downgrade, Europe Bailout Downgrade, Europe Financial Crisis, Eurozone Bailout Downgrade, Eurozone Bailout Downgraded, Eurozone Bailout, Europe Bailout, Business News

BRUSSELS — Rating agency Standard & Poor's said Monday it has downgraded the creditworthiness of the eurozone's rescue fund by one notch to AA+,...

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Sarkozy Uses Downgrade To Rally France..Without Mentioning It

AP | Posted 01.15.2012

Read More: European Debt Crisis, S&p Downgrade Eurozone, Business News, S&p Downgrade, Video, Sarkozy Downgrade, Sarkozy S&p Downgrade, France Credit Rating, Nicolas Sarkozy, Business News

AMBOISE, France -- French President Nicolas Sarkozy says France must have the courage and calmness to make difficult decisions to overcome the financi...

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Merkel: Mass Eurozone Downgrade Highlights Need For Strong 'Fiscal Compact'

Reuters | Posted 03.16.2012

Read More: European Debt Crisis, S&p Downgrade, Video, Eurozone Crisis, S&p Eurozone Downgrade, Angela Merkel S&p Downgrade, Reuters, Angela Merkel, Business News, Euro Crisis, Business News

* Leaders see downgrades as wake-up call * Italy seen as problem child number one * Merkel says decision should not impe...

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S&P Downgrades France And Italy As Investors Avoid Eurozone

HuffingtonPost.com | Bonnie Kavoussi | Posted 01.14.2012

Read More: France Downgrade, Eurozone Downgrade, European Debt Crisis, S&p Downgrade, Eurozone, Video, France, Eurozone Crisis, Standard & Poor's, European Union, S&P, Business News

Standard & Poor's Ratings Services slashed the credit ratings of nine eurozone countries on Friday, marking a deterioration in confidence in the troub...

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S&P Likely To Downgrade Much Of Eurozone

AP | By SARAH DiLORENZO | Posted 01.13.2012

Read More: Business News, European Debt Crisis, S&p Downgrade Eurozone, S&p Downgrade, Video, Europe Crisis, Eurozone Crisis, S&p Eurozone Downgrade, Business News

PARIS -- Mounting speculation that a leading credit agency is to imminently downgrade the ratings of a number of eurozone countries drove global marke...

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Sears' Real Problems Caught on Camera by Retail Expert

Grant Cardone | Posted 02.28.2012

Read More: Lands Endings, S&p Downgrade, Sears, Department Stores, Retail, Sears Video, Kmart, Grant Cardone, Sears Holdings Corp, Video, Business News

Sears' failing sales is being blamed on the economy, but the reality is shoddy stores, poor customer service, no leadership and no attention to sales ...

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German Chancellor Minimizes Possible S&P Downgrade

AP | DAVID RISING and SARAH DiLORENZO | Posted 02.05.2012

Read More: European Debt Crisis, S&p Downgrade, Eurozone, Video, S&p Eurozone Downgrade, Angela Merkel S&p Downgrade, Angela Merkel, Business News, Eurozone Debt Crisis, Business News

BERLIN — Plans by France and Germany to save the euro through closer European unity faced a serious challenge Tuesday from Britain, as deep divi...

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S&P Downgrades Big Banks

AP | EILEEN AJ CONNELLY | Posted 01.29.2012

Read More: Goldman Sachs, S&p Downgrade, Video, Morgan Stanley, Credit Downgrade, Bank-News, Wells Fargo, Business News, Bank of America, Credit Rating Agencies, S&p Downgrades Goldman Sachs, Citigroup, Business News

NEW YORK — Standard & Poor's Ratings Services has lowered its credit ratings for many of the world's largest financial institutions, including t...

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S&P Reportedly Met With Bond Investors Before U.S. Downgrade

Posted 11.07.2011

Read More: US Downgrade, Standard and Poors, S&p Downgrade, Debt Cut Downgrade, Standard and Poors Investors, S&p Wall Street Journal, Standard and Poors Downgrade, Video, Business News

Ratings agency Standard & Poor's officials privately met with large bond investors weeks before the firm's U.S. debt downgrade, leaving some belie...

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The Fed's Paralysis -- Who Will Do the Right Thing?

Harlan Green | Posted 10.31.2011

Read More: White House, Ronald Reagan, qe3, George Herbert Walker Bush, S&p Downgrade, Fed Chairman Ben Bernanke, Congress, Gross Domestic Product Growth, Gdp, GW Bush, Republicans, Business News

Why so much emphasis on debt, rather than recovery? It is because of timidity on all sides, from the White House and Congress.

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Congressman Ryan: Apologize Now About the US Being the Next Greece

Warren Mosler | Posted 10.17.2011

Read More: Modern Monetary Theory, S&p Downgrade, Mmt, Greece, Inflation, Financial Crisis, Solvency Risk, Apology, Paul Ryan, Defict, Politics News

Congressman Ryan's response to President Obama's State of the Union address included something we've all heard a lot of ever since. He warned along t...

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Obama Is Beseeched To Call Congress Back From Recess, Despite The Fact Americans Have No Faith In Congress

HuffingtonPost.com | Jason Linkins | Posted 10.11.2011

Read More: Eat the Press, S&p Downgrade, Deficit, Congress, Michele Bachmann, Irony, Unemployment, Michele Bachmann 2012, U.S. Credit Downgrade, Barack Obama, Politics News

S&P downgraded the U.S. credit rating, the Dow has been pitching around as if it were the Coney Island Cyclone and millions of Americans are unemployed. Someone should do something! So why not the Congress -- who have famously done nothing?

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Austerity: The Wrong Prescription

Carl Gibson | Posted 10.11.2011

Read More: Deficit, Debt, Unemployment, Budget Cuts, Oil Subsidies, Standard and Poor's, Bush Tax Cuts, S&p Downgrade, U.S. Budget Cuts, u.s. Austerity, US S&P Downgrade, U.S. S&p Downgrade, Economy, Politics News

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.

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WATCH: S&P Downgrade Gives Media A 'Wake Up Call' About The Terrible Economy

HuffingtonPost.com | Jason Linkins | Posted 10.09.2011

Read More: Eat the Press, S&p Downgrade, Video, Mediagasm, Standard and Poor's, Media Criticism, Downgrade, Standard and Poor's Ratings, Wake-Up-Calls, U.S. Credit Downgrade, Media News

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...

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After the Downgrade: Declining Blame, Assigning Blame

Rick Horowitz | Posted 10.09.2011

Read More: Standard & Poor's Downgrade, S&p Downgrade, Downgrade, Standard & Poor's, AAA Rating, Debt Ceiling, Debt Limit, Default, Election 2012, S&P, Comedy News

It happened on his watch! It happened on his watch! For events so consequential, Guilt is wholly presidential, And we're here to say It happened...

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GOP Presidential Candidates Slam Obama On Hot Issue

AP | By BETH FOUHY | Posted 10.09.2011

Read More: Obama S&p Downgrade, S&p Downgrade, Video, Michele Bachmann, S&p Credit Downgrade, Michele Bachmann 2012, 2012 Election, Obama Downgrade, Mitt Romney 2012, Elections 2012, Mitt Romney, Obama Credit Downgrade, Tim Pawlenty 2012, Tim Pawlenty, Barack Obama 2012, S&P, Politics News

NEW YORK -- The 2012 Republican presidential contenders have roundly criticized President Barack Obama for economic policies they contend helped drive...

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Don't Panic: The U.S. Credit Downgrade Changes Nothing

Jeff Reeves | Posted 10.07.2011

Read More: S&p Downgrade, Treasury Department, Debt Ceiling, Stock Market, US Credit Downgrade, Treasury Bonds, Business News

Now that the inevitable has happened, what does it mean for the market and for regular Americans with 401ks and IRAs? Interestingly enough, not much.

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Obama Adviser Points Fingers At Tea Party

AP/The Huffington Post | Posted 10.07.2011

Read More: Tea Party Debt Ceiling, Howard Dean Tea Party, S&p Downgrade, Video, Credit Downgrade, David Axelrod, Tea Party Downgrade, Howard Dean, Downgrade, David Axelrod Tea Party, S&P, U.S. Credit Downgrade, Tea Party Deficit, Politics News

WASHINGTON — A top White House adviser is blaming the downgrade of the U.S. credit rating on Tea Party Republicans, whom he says were unwilling to c...

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Sunday Roundup

Arianna Huffington | Posted 10.06.2011

Read More: U.S. Ratings Downgrade, S&p Downgrade, S&p Ratings, Standard and Poor's Ratings, Credit Downgrade, Standard and Poor's, Debt Ceiling Deal, Politics News

This week, the United States had its credit rating downgraded from AAA to AA-plus, making our nation the financial equivalent of the short, fat, bald, masked guy in those FreeScore.com commercials. In announcing the downgrade, Standard & Poor's cited "the difficulties of bridging the gulf between the political parties" over reducing the deficit, and indicated they wanted even more spending cuts from Congress -- joining the misguided consensus that completely misses the fact that economic growth is the most powerful weapon against the deficit. The White House challenged S&P's analysis, claiming it was off by trillions of dollars. Maybe the ratings agency was using the same math it had when it helped create the fiscal crisis we are still struggling to get out of by awarding AAA ratings to trillions of dollars in subprime mortgages repackaged as securities.

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Wow, What a Week!

Lydia Fisher | Posted 10.06.2011

Read More: National Debt, Eurozone Crisis, Financial Crisis, US-Debt-Downgrade, Rating Agencies, S&p Downgrade, Credit Downgrade U.S., Standard & Poor's Downgrade, U.S. Credit Downgrade, Business News

It remains to be seen how the markets will adjust to the S&P downgrade, whether our creditors will demand higher rates. For now, matters "across the pond" appear worse.

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Countries With Higher Credit Ratings Than The U.S.

Posted 10.06.2011

Read More: France Downgrade, S&p Downgrade, US Triple A, Austria Downgrade, Downgrade Consequences, Triple a Credit Rating, Slidepollajax, US Downgrade, Finland Downgrade, Credit Rating, Aaa, UK Downgrade, Downgrade Effect, Business News

On Friday, Standard and Poor's downgraded the credit of the United States for the first time in history, leaving only thirteen countries in the world ...

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Credit Downgrade for Dummies

Jonathan_Miller | Posted 10.06.2011

Read More: Debt, National Debt, Debt Ceiling, Credit Rating Agencies, Credit Rating, S&p Downgrade, Credit Downgrade, U.S. Credit Downgrade, U.S. Credit Downgrade S&P, Politics News

We have not reached financial Armageddon. But unless Congress immediately begins to address our financial debt in a meaningful, bipartisan way, our economy will suffer a devastating blow.

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Ex-Obama Adviser On Downgrade: U.S. 'Pretty Darn F**ked'

Posted 10.06.2011

Read More: S&p Downgrade, Geithner, Christina Romer Bill Maher, Downgrade Reactions, Christina Romer Downgrade, Christina Romer Real Time, Obama Downgrade, Moodys Downgrade Romer, Aaa Romer, Business News

On the same night that Standard and Poor's downgraded the United States' top-level credit rating for the first time in history, Christina Romer, forme...

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How to Think About Standard and Poor's Downgrade

Dean Baker | Posted 10.06.2011

Read More: Debt, Deficit, Credit Rating Agencies, Default, Social Security, S&p Downgrade, Credit Score, Credit Rating Downgrade, Standard & Poor's Downgrade, U.S. Credit Rating, Standard & Poor's, U.S. S&p Downgrade, Business News

Standard and Poor's downgrade of U.S. government debt captured headlines across the country and around the world. It is a newsworthy event, but primarily as another colossal failure by a major credit rating agency.

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