Detailed text transcripts for TV channel - FOXNEWS - 20110421:10:03:00
We can do it! yeah, yeah, you know what the s&p says no, no, no. >> the s&p is one of the top three credit rating agencies in the united states and as we were talking about it, steve, sanctioned by the sec. they give them the power, the s&p 500, the s&p mid caps, all the different standards, they decide which companies and which governments are credit worthy. >> sure and peter and i were talking in the newsroom where if this were a private corporation and somebody from the private corporation went to the rating agency and said look, you really can't downgrade us. that's going to be bad for bus...
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