> fox news alert. wall street bracing for you for the fallout for the s&p downgrade to double a plus. the u.s. credit rating may get worse? s&p managing director john chambers warned there's a 1 in 3 chance of another u.s. credit rating downgrade in the next six months. >> john chambers joins us now. thank you, mr. chambers. so i have to get right to it, sir. what was it -- what was it that inspired the first downgrade in u.s. history by s&p? what was the thing that you sunk your teeth into? >> there were two things. they were related. Get Live News Updates Every Minute from vimarsana.com Curated from 23000 News Agencies."> > fox news alert. wall street bracing for you for the fallout for the s&p downgrade to double a plus. the u.s. credit rating may get worse? s&p managing director john chambers warned there's a 1 in 3 chance of another u.s. credit rating downgrade in the next six months. >> john chambers joins us now. thank you, mr. chambers. so i have to get right to it, sir. what was it -- what was it that inspired the first downgrade in u.s. history by s&p? what was the thing that you sunk your teeth into? >> there were two things. they were related. Get Live News Updates Every Minute from vimarsana.com Curated from 23000 News Agencies." property="og:description"> > fox news alert. wall street bracing for you for the fallout for the s&p downgrade to double a plus. the u.s. credit rating may get worse? s&p managing director john chambers warned there's a 1 in 3 chance of another u.s. credit rating downgrade in the next six months. >> john chambers joins us now. thank you, mr. chambers. so i have to get right to it, sir. what was it -- what was it that inspired the first downgrade in u.s. history by s&p? what was the thing that you sunk your teeth into? >> there were two things. they were related. Get Live News Updates Every Minute from vimarsana.com Curated from 23000 News Agencies.">

Detailed text transcripts for TV channel - FOXNEWS - 20110808:11:43:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20110808:11:43:00

45,000 workers from massachusetts to washington picketing this morning after walking off their job early yesterday. no new negotiations have been scheduled. and is jennifer lopez's new $20 million deal sparking some "american idol" envy? apparently so. sources say steven tyler is now asking fox for more money. but the aerosmith star already has a two year deal worth about $10 million but he wants jenny's deal. ok. gretchen, eric? >> fox news alert. wall street bracing for you for the fallout for the s&p downgrade to double a plus. the u.s. credit rating may get worse? s&p managing director john chambers warned there's a 1 in 3 chance of another u.s. credit rating downgrade in the next six months. >> john chambers joins us now. thank you, mr. chambers. so i have to get right to it, sir. what was it -- what was it that inspired the first downgrade in u.s. history by s&p? what was the thing that you sunk your teeth into? >> there were two things. they were related.

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