Bangkok--27 Jun--Standard & Poor's The ongoing downturn in the financial markets is just approaching its first-year anniversary, but to many, it already feels like decades, said an article published today by Standard & Poor's. The article, which is titled "U.S. Credit Comment: Rocked And Roll: A New Tune Is Playing On The Street (Premium)," says the negative winds blowing through Wall Street knocked out a few players, but most remain standing--albeit not so tall and some with visible bruises. "The markets are resilient and have shown some positive momentum in recent weeks," said Diane Vazza, head of Standard & Poor's Global Fixed Income Research Group. "The Fed's willingness to provide support, particularly in the case of Bear Stearns, offered some reassurance in the short term, even as the longer-term benefits of that move remain debatable." The credit markets have also picked up after several months of sub-par activity. This article is part of our premium Global Fixed Income Research content, which is available to premium subscribers of RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com. Ratings information can also be found on Standard & Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Find a Rating, then Credit Ratings Search. Members of the media may request a copy of this report by contacting the media representative provided. Media Contact: Mimi Barker, New York (1) 212-438-5054, [email protected] Analyst Contact: Diane Vazza, New York (1) 212-438-2760 Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com. Key Contacts: Americas Media Relations: (1) 212-438-6667 media_ [email protected] Americas Customer Service: (1) 212-438-7280 [email protected]