Via Drudge: S&P Downgrades U.S. for First Time in History!Submitted by emalvini on Fri, 08/05/2011 - 21:41
Via Drudge Report: S&P Downgrades U.S. for First Time
By Zachary A. Goldfarb, Updated: Friday, August 5, 6:33 PM
The move came even though the Treasury Department said that it had found a math error in the firm’s calculations of deficit projections, according to a person familiar with the matter.
S&P Downgrades the U.S. Credit Rating To AA+