Latest Breaking News On - Aaa plus - Page 5 : comparemela.com

those rkets fell anywhere from 2% to 8% following the anxious sell-off on wall street. that s after the u.s. credit downgrade led to a panic. abc s scott goldberg begins our coverage. good morning, scott. rorter: good morning, daniel and tanya. president obama tried to reassure investors saying the s&p downgrade didn t tell us anything we didn t already know about the u.s. deficit. but that wasn t enough to stop another brutal day on wall street. the numbers have become numbingly bad. 12 days of drops from the dow. that s more than $2 trillion gone. the average 401(k) has lost $16,500. president obama tried to stop the bleeding. no matter what some agency may say, we ve always been and always will be a aaa country. reporter: he downplayed the standard & poor s downgrade which lowered the credit rating to a aa-plus. the dow kept falling and the fingers kept pointing. congress ultimately owns the credit rating of the united states. they have the power of the purse

Abc newsWall streetDaniel siebergScott goldbergTanya riveroPresident obamaWasn tSp downgrade didn tNumbingly bad2 trillionCredit ratingStandard poor sAaa plus