EU to investigate Standard & Poor's

Discussion in 'Wall St. News' started by Debaser82, Jan 12, 2009.

  1. Daal


    Next week we will see "S&P puts Germany's debt rating on a review for a downgrade"

    Actually, this is NOT a joke, this is a very possible forecast
  3. C6H12O6


    May be :D
    Last week they placed on "creditwatch negative" Ireland, Greece and Spain.
    Since the rating agencies use rating as a political weapon, the EU legal action could be an answer to the move of S&P against those 3 EU countries.

    Oh well, since they didn't lower the rating on Lehman until it defaulted, I reckon that their "creditwatch negative" is a buy signal :D