*Portugal Telecom considering lawsuit targeting BES. LISBON, July 17- Banco Espirito Santo could be sued over a loan that one of its founding family's holding companies failed to repay to Portugal Telecom, sources said on Thursday, as credit rating agencies downgraded the bank and its key shareholder.» Read More
Short-term, the downgrade may not impact banks but the overall reaction from markets and the economy is a concern, says John Kanas, BankUnited chairman, president/CEO.
China media says the U.S. debt woes show an overreach in military efforts. Insight on the reaction to the U.S. debt downgrade from China, with Joshua Cooper Ramo, Kissinger Associates managing director.
We will not default on our debt because of the size of our economy, says David Walker, Comeback America Initiative founder/president/CEO. He continues to say the S&P made the right moves but for the wrong reasons.
Standard & Poor's downgrade of the US' credit rating from AAA on Friday, was "absurd", Richard Portes, professor of economics at the London Business School, told CNBC Monday.
There is an ideological clash, Sean Egan, Egan-Jones Ratings Company, who sheds light on S&P's downgrade of U.S. debt.
Influential economist Nouriel Roubini has warned hopes that the recent slowdown was temporary have been dashed and predicted the US and other advanced economies will have a second “severe recession”.
"Clearly the S&P downgrade is a disappointment, clearly the timing as well is disappointing but I don't think financial markets will be taken completely by surprise by this," Henry Dixon, fund manager at Matterley Asset Management told CNBC.
The decision by Standard & Poor's to cut America's debt rating is, in Alan Greenspan’s view, bad for America’s state of mind.
"A one notch downgrade by a single agency doesn't force anybody to sell treasuries, it doesn't affect cash funds or money funds, so in the short term, the practical implication is pretty limited. It has been made pretty clear the US Federal Reserve will continue to accept US Treasury paper and US-guaranteed paper as collateral," Ewen Cameron Watt, chief investment strategist at BlackRock Investment Institute, told CNBC.
The sovereign debt crises on both sides of the Atlantic has created what some analysts are calling an "ugliness contest" between the U.S. dollar and the euro, and experts remain split on which of the two currencies are a safer bet.
The U.S. doesn't deserve a AA-plus credit rating, much less triple-A, commodity bull and noted investor Jim Rogers told CNBC on Monday.
Don Peebles, The Peebles Corporation CEO, and Ron Kruszewski, Stifel Nicolaus, share their perspectives on the US credit rating downgrade, and what it means for investors.
Ward McCarthy, Jefferies & Co., and Barbara Marcin, Gabellis Blue Chip Fund, discuss whether traders should fear what's to come during tomorrow's trading session.
"[S&P] is doing this to try to resurrect their reputation," says Donald Trump, chairman & president of the Trump Organization.
After Standard and Poor's historic downgrade of the U.S.'s credit rating to AA-plus from triple-A, fears are growing that other countries may be next, most notably France, which is facing big costs from a bailout of troubled Euro zone countries.
With the political spin attached to the US debt downgrade and the math miscalculations, is S&P's credibility on the line again? CNBC's Scott Cohn discusses.
Jim Rogers, Rogers Holdings, discusses how global financial markets will respond to S&P's downgrade of America.
Jared Bernstein, Center on Budget and Policy Priorities, and Sen. Judd Gregg, (R-NH), discuss whether political mishandling contributed to S&P's downgrade of the United States.
Stanley J. G. Crouch, Aegis Capital Corp, and Jerry Webman, Oppenheimer Funds, discuss how to invest in the markets on the heels of the US debt downgrade.
Mohamed El-Erian, CEO & co-CIO, says the US downgrade heralds a new financial era.