Skip to content
Subscriber Only

S&P Tells Biggest Debtor Don’t Blow Final Act: Caroline Baum

Rarely has a credit rating company made such an astute observation of the human condition.

“We believe there is a material risk that U.S. policy makers might not reach an agreement on how to address medium-and long-term budgetary challenges by 2013,” Standard & Poor’s said on assigning a negative outlook to the U.S. AAA-credit rating Monday.