France demanded an inquiry after a leading rating agency mistakenly suggested on its website that it had downgraded the countryâs prized triple A credit rating, sparking a sell-off in Parisâ government bonds. French markets regulator AMF said it had opened an investigation into the error by Standard & Poorâs. This followed a demand by François Baroin, finance minister, for an inquiry by the European financial markets authority and AMF. http://www.ft.com/intl/cms/s/0/6ccfa48c-0bbd-11e1-9310-00144feabdc0.html#axzz1dCkKJbrU This was not an error. Why only "France"? I wouldn´t be aware of any computer glitch specified to country parameters...
i agree maybe has something to do with this ? http://uk.reuters.com/article/2011/11/11/uk-eu-ratingagencies-idUKTRE7AA3NX20111111 LONDON | Fri Nov 11, 2011 2:05pm GMT (Reuters) - The European Union next week unveils its third broadside against credit rating agencies since the financial crisis began, and this time the Big Three face a direct hit where it hurts.
Call me paranoid, but looks like a veiled threat of blackmail... You stay out of our nice business, or we send you the way of Greece... Bagstads!