Tuesday, April 26, 2011
S&P: Why we downgraded our U.S. outlook
How does the rating agency decide when to downgrade its outlook for sovereign debt? It turns out that politics does influence the decision. Nikola Swann knew that he would be thrust into the firestorm raging in Washington D.C. over America's growing debt burden. Swann is the analyst at Standard & Poor's who monitors the United [...]
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