S&P lowers Fannie, Freddie, others attached to U.S.
S top rating. Standard and Poors downgrade of long-term debt issued by the U.S. government affects the banking and lending industries as many catch your eye toll are pegged to the yields on coffers securities. taking part in addition, many companies value the securities for example collateral to they would give up if their bets lost price. Moneywatch: 8 reasons why downgrade panic is misplaced The let fall status rating meant for long-term U.