The claim about S&P changing their justification does not ring true. Their p... | Hacker News

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pohl on Aug 7, 2011 | parent | context | favorite | on: Just the Facts: S&P's $2 Trillion Mistake

The claim about S&P changing their justification does not ring true. Their press release on Friday specifically mentioned the recent brinkmanship as a core concern.

jancona on Aug 7, 2011 [–]

Presumably the press release was issued after the write was pointed out to them. They warned Treasury in advance about the downgrade.

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