French Banks to be down graded on Monday...

[Mega]

...They think:-
http://uk.reuters.com/article/2011/0...78927620110910

I think its about to get "Exciting" again
;)
Mega

[lektrode]

Re: French Banks to be down graded on Monday...

...They think:-
http://uk.reuters.com/article/2011/0...78927620110910

I think its about to get "Exciting" again

could be, eh?
we seem to be a bit overdue for some of uncle ben's sunday night drama theater...
could also be moody&co is feeling left out and like they need some 'free PR' like S&P just 'managed'?

France's top banks are bracing themselves for a likely credit rating downgrade from Moody's, sources close to the situation said on Saturday, further complicating their efforts to assure investors they are riding out the tensions in funding markets.
Several sources said on Saturday that BNP Paribas, Societe Generale and Credit Agricole were expecting an "imminent" decision from the ratings agency, which first put them under review for possible downgrade on June 15.
Moody's at the time had cited French banks' exposure to Greece's debt-stricken economy as the reason behind the review, which was due to last three months...

[Mega]

Re: French Banks to be down graded on Monday...

YYYEEESSSS!

Mike