Submitted by Tyler Durden on 11/20/2011 - 17:28 headlines ratings
As if anyone is actually surprised by the headlines appearing from Bloomberg with regard the Super-Committee - which in retrospect is perhaps a little aggressively-named:
*SUPERCOMMITTEE SAID TO ANNOUNCE NO AGREEMENT REACHED
*U.S. DEBT SUPERCOMMITTEE ANNOUNCEMENT SAID LIKELY ON MONDAY
While not immediate, it would seem obvious that a ratings downgrade can't be far behind this event given the reasoning for the last downgrade and the clear indication by this lack of agreement that nothing-has-changed.
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http://www.zerohedge.com/news/goodbye-super-committee-hello-stupor-committee-its-official-no-agreement