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Author Archives: Paul R. La Monica
  • Maybe China didn't like that S&P downgrade so much?

    China still owns a LOT of U.S. Treasury debt. But it looks like they got rid of more of it last year after Standard & Poor's stripped America of its triple-A credit rating than first thought.

    Every month, the Treasury Department puts out a report showing how much foreign countries hold in U.S. securities. The latest report came out in mid-February and showed that as of the end of December, China MORE

    - Mar 1, 2012 4:40 PM ET
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About This Author
Paul Lamonica
Paul R. La Monica
Assistant Managing Editor, CNNMoney

Paul R. La Monica is an assistant managing editor at CNNMoney. He is the author of the site's daily column, The Buzz, and also tweets throughout the day about the markets and economy @LaMonicaBuzz. La Monica also oversees the site's economic, markets and technology coverage.

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