Financial Markets Can `Handle' U.S. Downgrade

Financial Markets Can `Handle' U.S. Downgrade Play

Aug. 1 (Bloomberg) -- Michael Gapen, a senior U.S. economist at Barclays Capital, talks about the outlook for a vote on the U.S. debt accord and the prospect for a credit-ratings downgrade. He speaks from New York with Francine Lacqua on Bloomberg Television's "Last Word." (Source: Bloomberg)

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