Friday, March 19, 2010

Moody’s Says U.S. Debt Could Test Triple-A Rating

NEW YORK TIMES, 3/15/2010 by David Jolly and Catherine Rampell - The gold-plated credit rating of the United States — an article of faith across America and, indeed, around the world — may be at risk in coming years as the nation copes with its growing debts. ∴ That sobering assessment, issued Monday by Moody’s Investors Service, provided a reminder that even Aaa-rated United States Treasury bonds, supposedly the safest of safe investments, could be downgraded one day if Washington failed to manage the federal debt. Read more at NYT...

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