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RBS also warns on p206 of its report that it relies heavily on the UK government's credit rating, which could be impacted by independence.
A downgrade of the nation's credit rating, which could raise the cost of borrowing, seemed more likely, deal or no deal.
Moody's recently warned that it might downgrade America's top-notch sovereign credit rating, which could alarm the markets and eventually make it harder for the government to borrow.
A main concern of European officials is that the agencies are paid by the very issuers they are supposed to be rating, which could undermine the agencies' role as overseer.
Moody's also said it might downgrade Enron's commercial paper rating, which could make it harder for the company, the nation's largest energy-trading concern, to borrow the short-term cash it needs to run its trading business in the future.
(Mr. Robinov said he did not recall specific disputes about the content of "Watchmen" but acknowledged that the film's R rating, which could keep out younger ticket buyers, was a concern. The movie, he said, "pushes comfort in certain areas").
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The downgrade could also force up interest rates, which could damage the already weak US economy.
Just be aware that it may affect your credit utilization rate, which could hurt your score.
The most visible result has been a steep jump in mortgage interest rates, which could jeopardize the current fragile recovery.
The Fed is buying mortgage bonds to lower longer-term rates, which could spur more borrowing and spending.
Raise the corporate tax rate, which could plug the gaping hole in Ireland's tattered balance sheets even faster?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com