Overview for debt-ratings

Downgrade of U.S. Debt Looms on the Horizon

Moody's may give U.S. debt a full-fledged downgrade as soon as next week. A well-placed source tells me that Moody's, the bond rating giant that just announced a "review" of the U.S. debt , may turn it into a full-fledged downgrade as soon as next week. True or not, the real risk of a downgrade …

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Written by Eli Lehrer on Wednesday July 13, 2011