Fitch just downgraded the U.S. credit rating — how much does it matter?
The U.S. is no longer rated at the top-notch AAA by Fitch. Here's what credit ratings are, and why they (mostly) matter.
AAA rating
He took away the country's top AAA rating in 2011. He ended up fearing for his life
John B. Chambers led the team at ratings agency S&p that decided to downgrade the country's AAA rating in 2011. It was a big decision, and it took a personal toll — but he has no regrets.