Skip to content
  • S&P slammed by economists

    The Boston Herald - 08/09/2011

    Standard & Poor’€™s -€” the same rating agency that touted insurance giant AIG, Fannie Mae and subprime mortgage-backed securities before their collapses nearly sank the economy -€” is now taking heavy fire after downgrading U.S. credit, a move that drove markets down sharply yesterday.