Analysts Take on, Standard & Poor, Washington Leaders, US Rating, Standard & Poor Rating, S&P, Long-Term Debt - YReach.com

The US has rallied to hit hard against the 'damage' done to its credit rating by S & P. Questions were raised about S & P's basic competence and the criteria used for evaluation. David Beers, who runs the S&P unit that rates government debt acknowledged the damage that was done to the U.S. reputation because of the controversy over the debt ceiling. He also acknowledged that the underlying public finances of the U.S. government are on an unsustainable path.... Read More>>>