U.S. AAA Credit Rating Downgraded By Egan-Jones -- Moody’s and S&P May Follow
Egan-Jones Ratings Agency – who called the 2008 financial collapse and lead Moody’s and S&P in putting the U.S on Credit watch – Cut U.S Debt Rating From AAA status over the weekend.
The LA Times reported last week that S&P and Moody’s has served the U.S government a reality check. Specifically they have put the U.S credit rating on a “credit watch”, and warned they may cut the AAA credit rating status.
http://www.examiner.com/civil-rights...s-p-may-follow