A few days ago I wondered how long it would take for a corporate news outlet to uncritically report a pronouncement by Standard & Poor after it was announced they were suspended from the biggest part of the commercial bond market.
This Reuters article by Marc Jones must be one of the first. Jones writes
Standard and Poor’s sent an early warning shot to Greece’s new government on Monday, saying it could downgrade its sovereign credit rating even before its next planned review date in mid-March if things go badly.
S&P is still facing a US Justice Department investigation as well but Jones kind enough not to mention any of it.
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