S&P HITS USA! IT’S LOOKING BAD!
The Power Group that runs USA got a slap in the face today. Standard & Poors, the rating group that made some gross errors in the Sub-Prime fracas, suddenly placed USA closer to Greece and...
View ArticleBELLA ITALIA—NON E’ COSI (SO) BELLA!
Italy Rating Lowered by S&P, Outlook ‘Negative’ By Jeffrey Donovan, from Bloomberg Italy’s credit rating was cut by Standard & Poor’s on concern that weakening economic growth and a “fragile”...
View ArticleFRANCE DOWNGRADED! EURO TANKS!
Euro plunges on France rating fears From The Guardian Standard & Poor’s believed to be about to downgrade several eurozone countries, including France’s prized AAA credit rating. Nicolas Sarkozy,...
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