Pre-Marketing: S&P downgrade impact on McGraw-Hill
By Dan Primack
August 8, 2011: 7:21 AM ET
* Non-answer of the day:
Anderson Cooper: They say that S&P sent Treasury an error in their analysis that inflated the U.S. deficits by $2 trillion, and that the agency acknowledged their mistake. Did you make a mistake of $2 trillion in your analysis?
S&P's John Chambers: Our analysis is in the public domain. It's published. And the difference between baseline calculations out to 2015 is 1.5 percent of GDP.
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