Standard & Poor's Global Head of Sovereign Ratings David Beers talks with WSJ's Simon Constable and David Kansas about the group's decision to downgrade the U.S. credit outlook to negative.
Why we even have Nationally Recognized Statistical Rating Organization (NRSRO) any longer following their payola =driven corruption, their gross incompetency and their inability to discharge their basic duties is beyond my understanding. Barry Ritholtz
http://www.ritholtz.com/blog/2011/04/why-listen-to-sp-on-us-debt/
In trading, there is no bullshit. You either make money or you don't.