Downgrade Shmoungrade as Long as Your Short Something

CNBC.com Article: EU Debt Summit Fails to Satisfy Ratings Agencies

Moody’s Investors Service said on Monday it intends to review the ratings of all 27 members of the European Union after EU leaders offered “few new measures” to resolve the crisis in a summit on Friday. Fitch Ratings and Standard & Poors issued similar statements.

Full Story:
http://www.cnbc.com/id/45642833

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: