Tuesday, May 3, 2011

US Debt Rating Should Be 'C': Independent Agency

There have been increasing concerns about the fate of United States' prized triple-A sovereign debt rating. While Standard and Poor's recently downgraded its U.S. debt outlook to negative from stable, implying that a ratings cut could happen in two years, one independent ratings agency has given the U.S. sovereign rating a "C".














READ More at CNBC

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