US stripped of AAA credit rating by S&P

[Yisha]

Now that S&P downgraded the US Credit Rating, I would suggest that Obama calls in the freeze his S&P report and start sending everyone to Moody's and Fitch Ratings, 

[AsherO]

Now that S&P downgraded the US Credit Rating, I would suggest that Obama calls in the freeze his S&P report and start sending everyone to Moody's and Fitch Ratings, 

OMG, when did this happen? The market's not going to like this...

[Yisha]

another good thing that might come out from this is, that Washington will start putting regulations on the Credit Agencies how and when they're aloud to downgrade someones Credit Score and how we would be able to remove stuff from the report easier.

Hey You Never Know!

[Yisha]

OMG, when did this happen? The market's not going to like this...

looks like they waited till Friday afternoon for the markets to close before they downgrade it from AAA to AA+, so that till Monday morning it should calm down a bit. who knows.

[AsherO]

another good thing that might come out from this is, that Washington will start putting regulations on the Credit Agencies how and when they're aloud to downgrade someones Credit Score and how we would be able to remove stuff from the report easier.

Hey You Never Know!

I'm seeking the liabilities of this greatly outweighing the benefits, but that's just me.