At a reception this past weekend for former Secretary of State Henry Kissinger, who is promoting his new book, On China, the …
credit ratings
The Shame of the Ratings Agencies: How Moody’s Blows It Again
If the economic news wasn’t bad enough after the release of yet another anemic jobs report, the highly influential global ratings agency Moody’s just announced that it was contemplating a downgrade of the U.S.’s credit rating.