Prof. Hill Quoted in Wall Street Journal on Ratings Downgrade

Professor Claire Hill was quoted in a Wall Street Journal article entitled "What a Downgrade Means for You." Hill noted that safety is relative, and in the event of a U.S. downgrade, investors would still compare the U.S. to other investing alternatives, not to its previous, more highly-rated status. She also mentioned, though, that the dysfunction in the U.S. was on full display.