S&P’s Beers says risks on downside for future U.S. rating

by admin on Sunday, August 7th, 2011 | No Comments

WASHINGTON (Reuters) – The head of Standard & Poor’s sovereign ratings, David Beers told “Fox News Sunday” he did not expect “that much impact” when global markets open on Monday due to what he called a “mild deterioration” in the U.S. confidence standing to AA-plus from top-tier AAA.