Friday 12 August 2011

Who started the S&P downgrade rumor?

NEW YORK (CNNMoney) -- Credit rating agency Standard & Poor's downgrade of the U.S. credit rating on Aug. 5, which plunged stocks into a roller coaster frenzy for the past week, didn't come as a surprise. Credit rating agency Standard & Poor's had warned it would downgrade the nation's credit rating ...


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