S&P defends U.S. downgrade

Name: S&P defends U.S. downgrade
Uploaded: 2011-08-08T17:02:08+00:00
Duration: 2 min 14 s
Channel: Reuters
Description: David Beers, the head of Standard & Poor's sovereign debt rating unit, says the U.S. downgrade from AAA to AA+ is warranted given the bitter tone in Washington and warned another downgrade could come in the future.

Reuters

David Beers, the head of Standard & Poor's sovereign debt rating unit, says the U.S. downgrade from AAA to AA+ is warranted given the bitter tone in Washington and warned another downgrade could come in the future.

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