Standard Poors Downgrade

After the Downgrade: Declining Blame, Assigning Blame

Rick Horowitz | Posted 10.09.2011

Rick Horowitz

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...

Top S&P Official: U.S. Has 1 In 3 Chance Of Another Downgrade

AP | Posted 10.07.2011

WASHINGTON -- A Standard & Poor's official says there is a 1 in 3 chance that the U.S. credit rating could be downgraded another notch if conditions e...

Wow, What a Week!

Lydia Fisher | Posted 10.06.2011

Lydia Fisher

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.

How to Think About Standard and Poor's Downgrade

Dean Baker | Posted 10.06.2011

Dean Baker

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.