S&P Defends U.S. Downgrade



Comments (1)

  1. steve says:

    Who was David Beers trying to protect when he downgraded a borrower with perfect repayment record? Certainly wasn’t in the public’s interest, the worldwide magnitude of in financial losses as a result of the downgrade is hardly justifiable considering the risk of default relative to the risk in downgrade.

    [Reply]

Add Comment