Moody Downgrade Adds Pressure on U.S. Debt Deal

http://www.bloomberg.com/news/2011-07-13/u-s-debt-rating-placed-on-review-for-downgrade-by-moody-s-as-talks-stall.html?cmpid=

The Aaa ratings of financial institutions directly linked to the U.S. government, including Fannie Mae, Freddie Mac, theFederal Home Loan Banks, and the Federal Farm Credit Banks, were also put on review for cuts, Moody’s said. It also placed 7,000 municipal ratings on review for possible downgrade.