Geithner Blasts S&P's Cut, Stays On at Treasury

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Aug. 8 (Bloomberg) -- Treasury Secretary Timothy Geithner says Standard & Poor's has shown "really terrible judgment" in its decision to downgrade the U.S. debt rating to AA+ from AAA. Geithner remarks in an interview with NBC and CNBC came after the Obama administration announced he would remain Treasury secretary at least through the 2012 elections. Julianna Goldman reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

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