SocGen and Credit Agricole downgraded by US rating agency Moodys

Discussion in 'Stocks' started by ASusilovic, Sep 14, 2011.

  1. 1:21a
    Moody's cuts Credit Agricole long term ratings
    1:20a
    Moody's cuts Credit Agricole BSFR to C from C+
    1:10a
    Moody's cuts SocGen rating to Aa3 from Aa2
    1:10a
    Moody's cuts Societe Generale long-term ratings




    YAWN!
     
  2. nitrene

    nitrene

    Nothing like after the fact analysis. LOL!

    Good to know the CRAs are ahead of the curve. Again.

    Actually from what I have read all 4 large French banks are pretty much toast.