Egan-Jones Officially Cuts U.S. Credit Rating
July 19, 2011 at 10:11 AM EDT
Cutting a credit rating is significantly different that placing it on ‘watch’ or ‘under review’. Most readers are likely fully aware that Standard and Poor’s and Moody’s have sent out serious warning signals about the potential downgrade of the United States AAA credit rating. That said, another SEC officially recognized ratings entity has gone one [...]