Euro Stress Test

Discussion in 'Wall St. News' started by SCI new york, Jun 11, 2010.

  1. Why is it that for the last month theres been nothing but negative news and any excuse to short/sell and you hear it all over the place, but moody's conducts a stress test of the european banks and says they can absorb the risk of the 'debt crisis' of greece, spain, portugal, ireland, and they're not making a big deal out of that which has supposedly been the reason for this drop?
  2. Moody's isn't a "ratings" agency. It's a "cheerleader". They don't want to jeopardize their fee income. :eek: :(
  3. Daal


    Here are the results of the stress test well ahead of the announcement: The EU banking system is well capitalized