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El-Erian: S&P Under Pressure to Downgrade

Mon 01 Aug 11 | 08:18 AM ET
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El-Erian: S&P Under Pressure to Downgrade

Mon 01 Aug 11 | 08:18 AM ET
Watching the markets on a supposed deal day, with Mohamed El-Erian, Pimco CEO/co-CIO, who says a downgraded credit rating of U.S. debt is highly likely because the size of the debt deal is not large enough.

Topics:

Debt  | Economy (U.S.)  | Congress  | Deficits  | Democrats  | Republicans
 
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