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Thursday, July 14, 2011

Moody's puts U.S. ratings on review for downgrade

Moody's puts U.S. ratings on review for downgrade

Moody's blackmails GOP to keep the pork a flowing

07-13-2011 Reuters

The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's legal borrowing limit and the government misses debt payments, Moody's Investors Service warned on Wednesday.

Moody's is the first of the big-three credit rating agencies to place the United States' Aaa rating on review for a possible downgrade, meaning the agency is close to cutting the country's rating

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