The losses came after Obama administration officials spent the weekend trying to discredit Standard & Poor’s, with Treasury Secretary Timothy Geithner saying Sunday that the agency’s officials had shown “terrible judgment” and “a stunning lack of knowledge” in approving the downgrade.I can think of better ways to spend the weekend.
["The losses" refer to the continued stock market meltdown, losing 500 points on Friday, and another 400 points Monday. Numbers rounded and are dynamic.]
