Rating Agencies, Don’t Be Such A Fitch | Letter to the Editor

From: Ketharaman Swaminathan [s_ketharaman@yahoo.com]
Sent: 4 August 2023
To: editet@timesgroup.com
Subject: Rating Agencies, Don’t Be Such A Fitch | Letter to the Editor

Dear Editor of Economic Times:

This has reference to the above mentioned editorial in today’s edition of Economic Times.

S&P downgraded US debt in 2011. I seriously doubt if it joined Moody’s and Fitch in warning about risk to AAA credit rating a few months ago since it had already downgraded it to AA 12 years ago.

Thanks and Regards.

KETHARAMAN SWAMINATHAN

Pune, INDIA