March 15, 2010

OH, GOODY: U.S. & U.K. Closer to Losing AAA Credit Rating, Moody’s Says.

Related: Fortune: Welcome to the United States of Iceland. Are things really that bad? I don’t think so, but a budget-busting health-care entitlement won’t help . . . .

Also: China, Japan reduce holdings of U.S. Treasury debt.