Business: Ratings agency Moody's has downgraded Charlie Sheen from Aa1 to A1.
A statement from Moody's told theVoiceofReason:
"Moody's Celebrities Services has today downgraded Charlie Sheens's ratings to A1 from Aa1, and assigned a negative outlook to the rating."
It added that the star's temporary difficulty to collect revenue, allied with delays in the presentation of a business plan for Project Winning, led to the downgrade.
Moody's now has the lowest rating for Charlie Sheen of all the major credit agencies and is the first to classify the star as 'highly speculative'.
A spokesman for Sheen said the cut was completely unjustified.
A cut from Aa1 to A1 is equivalent to a handkerchief rising 2 degrees higher in the wind on the Richter Scale if Charlie Sheen was an earthquake.
Credit agencies started rating multimillionaire celebrities during the financial crisis in 2008 when it looked like there wouldn't be any banks left by the end of the year. It has become an increasingly lucrative area with celebrity magazines the main customers.
Other celebrities recently downgraded include Snookie, Gary Busey and Lindsay Lohan.
Mar 8, 2011: Speaking of his dismissal from Two And A Half Men, Charlie Sheen tells TMZ.com (as reported on guardian.co.uk):
"This is very good news. They continue to be in breach, like so many whales. It is a big day of gladness at the Sober Valley Lodge because now I can take all of the bazillions, never have to look at whatshiscock again, and I never have to put on those silly shirts for as long as this warlock exists in the terrestrial dimension."