Articles About “The Government”
- Author:
- James I. Clark III
- Posted:
- 09.14.2011
S&P Downgrade Costs Investors $1 Trillion
Shareholders in American companies can blame Standard & Poor’s for taking $1 trillion of their money after the rating firm downgraded Treasury securities for the first time in American history to AA+ from AAA. Now, some of the most experienced investors say the stock market losses make no sense. While the benchmark index for U.S. […]