Europe is getting KILLED !!!!

[Mega]

http://www.telegraph.co.uk/finance/f...it-status.html

YYEESS, but when will it be the turn of that Bastard nation?
Mike

[goadam1]

Re: Europe is getting KILLED !!!!

I think the threat of downgrade was placed to give political cover for whatever scheme comes out of Brussels.

[GRG55]

Re: Europe is getting KILLED !!!!

I think the threat of downgrade was placed to give political cover for whatever scheme comes out of Brussels.

After the MBS corruption debacle why does anybody pay any attention to the rating agencies?

[Adeptus]

Re: Europe is getting KILLED !!!!

After the MBS corruption debacle why does anybody pay any attention to the rating agencies?

Because of the impact they had on markets after USA was downgraded from AAA to AA.