In this episode of CreditMatters TV, John Chambers, Managing Director and Chairman of the Sovereign Rating Committee, explains why Standard & Poor's placed the U.S. sovereign rating on CreditWatch Negative. The CreditWatch placement indicates there is an increased risk that Standard & Poor's could lower its 'AAA' rating on the U.S. within 90 days.
Thank you for posting, clear, concise and easy to understand and thank you for taking the American govt. to task over their obligations. ;)
Spudd56 7 months ago