Credit Credit Ratings

  • Kashkari:  Time Needed to Understand Implications

    We will have to wait to see how the downgrade affects investing behavior, says Neel Kashkari, Pimco managing director, who says the nation's debt is not triple A.

  • Rogoff: Downgrade Was Generous

    S&P was correct and generous in its small downgrade, says Ken Rogoff, Harvard University economics professor. He added that the timing is reasonable.

  • Warren Buffett

    Warren Buffett says there's no question that the United States' debt is still AAA and that he's not changing his mind about Treasurys based on S&P's downgrade.

  • Langone Sounds Off on Debt & Bank Regulation

    "The American people need to know that nothing is going to change without some pain for them," says Kenneth Langone, Invemed Associates chairman/CEO. "We're going to pay our debt but who is going to get screwed in the long run? The poor guy that's living on fixed income because inflation will take it's toll," says Langone.

  • Downgrade Impact on Banks

    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.

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    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.

  • 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”.

  • Alan Greenspan

    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.

  • Dollars and Euro

    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.

  • International investor Jim Rogers

    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.

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    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.

  • How to Invest After Downgrade

    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.

  • US Downgrade = New Financial Era?

    Mohamed El-Erian, CEO & co-CIO, says the US downgrade heralds a new financial era.

  • S&P Explains US Downgrade

    David Beers, Standard & Poor's head of government debt rating unit, explains why S&P downgraded the United States' credit rating from AAA to AA . Veteran investor Jim Rogers also weighs in.

  • Why S&P Downgraded US

    David Beers, head of S&P's government debt rating unit, explains S&P's reasoning behind the downgrade of US sovereign debt.

  • The Federal Reserve headquarters in Washington, DC.

    With S&P’s downgrade of the United States’ credit rating from AAA to AA, many are speculating on how markets and U.S. authorities will respond.

  • U.S. Department of Treasury headquarters in Washington, D.C.

    Federal Reserve officials publicly declared it was business as usual in the face of Standard and Poor’s downgrade of US government debt, but privately they acknowledged these were unchartered waters.

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    Told they had a $2 trillion error in their calculation, S&P roused several of its European committee members from bed for an emergency call. In the end, the decision remained: a downgrade for the U.S.'s Triple-A rating.

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    Standard & Poor's downgraded the U.S.'s triple-A credit rating to AA-plus late Friday and issued a negative outlook, meaning another downgrade is possible in the next 12 to 18 months.

  • Kate Kelly: S&P Downgrade Imminent?

    CNBC's Kate Kelly says the government is bracing for a potential credit downgrade from the ratings agency Standard & Poor's. The downgrade, reports Kelly, may come as early as today. The agency has so far refused comment.