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Old 02-04-2010, 06:41 AM   #1 (permalink)
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Default Moody's: US Debt Downgrade in 2011?



Moody’s warns US of credit rating fears

By Michael Mackenzie in New York and Gillian Tett in London
Published: February 3 2010

Moody’s Investors Service fired off a warning on Wednesday that the triple A sovereign
credit rating of the US would come under pressure unless economic growth was more
robust than expected or tougher actions were taken to tackle the country’s budget
deficit.

In a move that follows intensifying concern among investors over the US deficit, Moody’s
said the country faced a trajectory of debt growth that was “clearly continuously upward”.

http://www.ft.com/cms/s/0/a82cfe04-1...nclick_check=1
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