Road to The S&P Downgrade

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Oct. 3 (Bloomberg) -- For the first time since 1917, the U.S. lost its AAA credit rating. On August 5 the S&P downgraded the U.S. to AA+, saying a deal in Congress to raise the debt limit did not go far enough. The move helped lead to stock losses that left shareholders $1 trillion poorer. On October 11th at 7 pm ET, Bloomberg Television and The Washington Post, in partnership with WBIN-TV and host Dartmouth College, will present the first debate of the 2012 campaign focused exclusively on the issues voters consider most important - the economy, debt, deficits, taxes, trade and jobs. Charlie Rose is the moderator. He'll be joined by Washington Post political correspondent Karen Tumulty and Bloomberg White House correspondent Julianna Goldman. (Source: Bloomberg)

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