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.
OK, I've seen all the
Italy just downgraded
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