AAA at Risk? 'Moody's got no clue, US downgrade long overdue'

RussiaToday on Jul 14, 2011
The same credit rating agency that sparked fresh panic in the EU has now threatened the U.S. Moody's says it's reviewing America's top triple-A debt rating for a downgrade - citing the political bickering that's deadlocked budget negotiations in Washington. And even if the budget is approved - it's unlikely that it'll offer a solution to America's debt - that's according to investor and co-founder of the Quantum Fund, Jim Rogers.