The Announcement that killed FridayPublication date: 05-Aug-2011...

The Announcement that killed Friday

Publication date: 05-Aug-2011 20:13:14 EST

http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245316529563

S&P | United States of America Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative | Americas





Resulting wails and howls so critical of S&P's notice - which certainly came with plenty of warning, were rejected by S&P which described the bitter stand-off between President Obama and Congress over raising the debt ceiling a �debacle,� and warning that further downgrades may lie ahead :


http://www.nytimes.com/2011/08/07/business/a-rush-to-assess-standard-and-poors-downgrade-of-united-states-credit-rating.html?_r=1&hp

Amid Criticism on Downgrade of U.S., S.&P. Fires Back
By NELSON D. SCHWARTZ and ERIC DASH
Published: August 6, 2011




Monday yet another interesting day, extra interest across water perhaps on re-actions in NZ before we open.

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