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Enron's credit rating was downgraded.
The city's bond rating was downgraded.
That same year, Howard University's credit rating was downgraded.
Kushner's top-secret interim clearance was downgraded Friday.
Its debt was downgraded to junk-bond status.
Growth in Britain, meanwhile, was downgraded from 1% to 0.7%.
Its stock was downgraded to neutral from overweight at JPMorgan.
The racist abuse they shouted was downgraded to mere "abuse".
So it was downgraded to dwarf planet status.
The company's debt was downgraded to junk status.
Latvia's credit rating was downgraded by Standard & Poor's.
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