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Moody’s Puts USA On Credit Downgrade Watch

Posted By admin On July 13, 2011 @ 3:11 pm In Featured Stories | Comments Disabled

CNBC [1]
July 13, 2011

CNBC Mandy Drury reports on Moody’s announcing it has placed the US government AAA bond rating on watch for a downgrade citing the potential to not raise the debt ceiling by August 2, 2011. The potential for an actual default is cited as low by Moody’s.

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[1] CNBC: http://www.youtube.com/watch?v=2tRwSCbxt8g

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