US Debt Rating Should Be ‘C’: Independent Agency

CNBC.com
May 3, 2011
There have been increasing concerns about the fate of United States’ prized triple-A sovereign debt rating. While Standard and Poor’s recently downgraded its U.S. debt outlook to negative from stable, implying that a ratings cut could happen in two years, one independent ratings agency has given the U.S. sovereign rating a “C”.
“A ‘C’ is equivalent to approximately a