Bank of America: S&P May Downgrade US Again in November

[redrumloa]

"We do expect further downgrades," said Ethan Harris, North American economist, on the call. "We doubt the newly appointed bipartisan commission will come up with a credible long-term deficit reduction plan. Hence by November or December we would not be surprised to see S&P downgrade the debt again from AA-plus to AA."

 

[cecilia]

and BofA should know all about that since THEY helped cause this....fuckers