|
|
 |
|
Viewing report
|
|
|
|
Bulletin: United States Of America Sovereign Ratings Unaffected By GSEs' Conservatorship Sep 08
Standard & Poors, Sep 2008
Abstract
NEW YORK (Standard & Poor's) Sept. 7, 2008--Standard & Poor's Ratings Services said today that neither its 'AAA/A-1+' sovereign credit rating on the United States of America, nor its stable outlook on these ratings is affected by the U.S. Treasury's decision, announced today, to put Fannie Mae and Freddie Mac into conservatorship (see 'Fannie Mae And Freddie Mac 'AAA/A-1+' Unsecured Ratings Affirmed; Preferred Stock Rating Cut,' published Sept. 7, 2008). In our view, the U.S. government's credit quality continues to be upheld by its high-income, highly diversified, and exceptionally flexible economy, relative to those of other 'AAA' rated sovereigns, together with the U.S. public sector's fiscal flexibility and the unique advantages coming from the dollar's preeminent place among currencies. For...
Companies mentioned in this report are: United States of America (Unsolicited Ratings),Fannie Mae,Freddie Mac
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
