Politics - It's not just economics: S&P's political judgment

Discussion in 'World Events' started by NewsBot, Aug 8, 2011.

  1. NewsBot

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    WASHINGTON (AP) -- The S&P downgrade was more of a statement on the toxic political landscape in Washington than a comment on the nation's ability to pay its bills. But S&P has its own checkered history. Just a few years ago, the company gave its top triple-A rating to some of the mortgage-backed securities that helped cause the Great Recession....

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