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Sat, Aug. 06 2011 03:13 AM EDT

Standard & Poor's Downgrades U.S. from 'AAA' to 'AA+'

By Alex Murashko
For the first time in modern history the United States credit rating was downgraded. Credit rating agency Standard & Poor's made the announcement late Friday saying that it has cut its top, long-term rating from triple-A to AA+ for the U.S. Treasury's debt. (A link to this page will be included in your message. )

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