Tag Archives: Moodys

Moody’s Downgrades Italy’s To Baa2 From A3, Negative Outlook

Just like Spain before everyone took the country to a Sub-A rating, Fitch is once again the decider. S&P has Italy at BBB+, and Now Moody’s just took italy under A to Baa2; only Fitch is still at A-, outlook … Continue reading

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Bank of America Credit Downgrade and Negative Outlook

Moody’s Investors Service lowered its rating credit rating on Bank of America after the closing bell on Wall Street on June 21, 2012. As previously noted in the “Bank of America Declaration“: The Bank of America is the country’s largest … Continue reading

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Moody’s Downgrades 12 Spanish Sub-Sovereigns, 2 Gov-Related Entities

Moody’s Investors Service downgraded 12 Spanish sub-sovereign ratings and two Spanish government-related entities to reflect its recent downgrade of the country’s sovereign debt rating. Eight regional and local governments and four related issuers were affected. The ratings of three other … Continue reading

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Moody’s Downgrades Six German Bank Groups, And Their Subsidiaries, By Up To Three Notches

From Zerohedge.com: First Moody’s cut the most prominent Austrian banks, and now it is Germany’s turn. The full downgrade Matrix: Frankfurt am Main, June 06, 2012 — Moody’s Investors Service has today taken various rating actions on seven German banks … Continue reading

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The Dominoes Are Falling

The following articles have been written in the past week: Standard & Poor’s Lowers Belgium’s Credit Rating The Standard & Poor’s credit rating agency has lowered Belgium’s long-term credit rating from AA+ to AA- with a negative outlook. S&P said … Continue reading

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Moody’s Credit Ratings Are Hypocritical

Moody’s downgraded Japan’s credit rating citing weak future economic growth and the ability to pay down its huge debt. Based on this analysis, Moody’s credit analysis is either hypocritical or is based on personal interests. Standard & Poor’s downgraded the … Continue reading

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Eric Holder Is Playing With Fire

http://www.youtube.com/watch?v=_MGT_cSi7Rs”>httpv://www.youtube.com/watch?v=_MGT_cSi7Rs

The Department of Justice has launched an investigation of Standard & Poor’s concerning the rating of mortgage securities packaged by Wall Streets firms and sold around the world. This is political retribution for their downgrade of the United States to … Continue reading

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Get Out of the Stock Market

Last week’s stock market roller coaster ride indicates only one course of action: get out of the stock market. Does anyone else but me think that going below 400,000 to only 395,000 jobless claims is really good news? Remember three … Continue reading

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