Posted by hamvestor on 13th of Jan 2012 at 01:22 pm
OK, I've seen all the reports indicating that
downgrades are coming, but S&P hasn't announced anything yet.
The key will be how many levels the debts are downgraded -- e.g.,
if France is only downgraded one level, that may give the markets
some relief.
Italy just downgraded
Posted by steve on 13th of Jan 2012 at 01:05 pm
Italy just downgraded
Steve, source?
Posted by hamvestor on 13th of Jan 2012 at 01:12 pm
Steve, source?
Fly on the wall -
Posted by steve on 13th of Jan 2012 at 01:19 pm
Fly on the wall - Italy was downgraded two notches
OK, I've seen all the
Posted by hamvestor on 13th of Jan 2012 at 01:22 pm
OK, I've seen all the reports indicating that downgrades are coming, but S&P hasn't announced anything yet. The key will be how many levels the debts are downgraded -- e.g., if France is only downgraded one level, that may give the markets some relief.
S&P leaked all the downgardes to many of the news wires already
Posted by mrab on 13th of Jan 2012 at 01:27 pm
France is only going to downgraded only 1 notch while Spain, Italy, and Portugal will be downgraded 2 notches.
THey are actually required to report to these Governments 24 hours notice
Posted by zach06 on 13th of Jan 2012 at 01:31 pm
So.. for all we know.. the Governments leaked it. and Italy did an action this morning knowing they were getting downgraded
Italy spain and portugal 2
Posted by pdecalice on 13th of Jan 2012 at 01:26 pm
Italy spain and portugal 2 notches
France and Austria 1 notch
Announcement after 4.30 EST