Opposition lawmakers blasted Mr. Kan, who was previously finance minister, for his initial response Thursday to the downgrade.
The sheer volatility in the market as a result of the downgrade could end up helping, not hurting some investors, especially hedge funds, which thrive on market volatility.
Dagong, which has maintained a pessimistic outlook on US fiscal policy, has been leading the charge to downgrade US debt over the last 12 months, lowering the US rating from AA to a + a year ago.
He tried to downgrade the latest research findings.
The forint remains stable, even after a recent credit-rating downgrade.
At the time of the Fed intervention, the value of the CDOs insured by AIG was falling dramatically and AIG was facing a credit downgrade.
Wall Street stocks slipped and the euro weakened against the dollar after Spain today lost its coveted AAA credit score from Fitch, the second ratings agency in a month to downgrade the country.
The indirect implications of the downgrade, though, may prove more troublesome.
You might even downgrade it to bar fare, since the only stalks most guys eat are served alongside hot wings or immersed in a Bloody Mary.
China has nothing to fear from the U.S. credit downgrade.
The lowest collateral the Fed will accept is AAA-rated private mortgage-backed bonds that are not on review for downgrade.
So there is no reason to take Friday's downgrade of America seriously.
On the basis of the S&P downgrade and the CDS spreads, it would be tempting to conclude that Ukraine has enormous sovereign debts that it will struggle to pay this year.
Neither America—despite the recent downgrade of its debt by a rating agency—nor Britain has been subject to a debilitating loss of confidence.
European debt crisis: will Ireland be next for a downgrade?
The prime minister told reporters he was "not well informed" and could not immediately discuss the downgrade.
I would only say that the downgrade was a momentous event for the Treasury and not an easy one.
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