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Some Irish institutions have downgraded A-levels accordingly.
At least two stockbrokers have downgraded their expectations.
Consequently I have downgraded AMR, the parent of American Airlines.
It's not that the Chinese have downgraded economic growth: far from it.
Five-star hotels, now virtually off-limits to officials, have downgraded themselves to four stars.
"They should have downgraded Bank of America back then," he said.
Three major credit rating agencies have downgraded the country's debt ratings in recent months.
Worse, credit-rating agencies have downgraded the ratings of several banks.
"Couldn't you all have downgraded to first class?" Mr. Ackerman asked.
The major credit rating agencies have downgraded Vivendi recently, making its debts more expensive to repay.
Starting this year, however, Moody's and Standard & Poor's have downgraded many of those instruments' ratings.
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CEO of Professional Science Editing for Scientists @ prosciediting.com