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Tag Archives: Moodys
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
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
Posted in Financial
Tagged Downgrade, Moodys, NC Renegade, Spain
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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
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
Posted in Editorial, Financial
Tagged Belgium, Economic Collapse, Fitch, Greece, Hungary, Moodys, NC Renegade, Spain, Standard & Poor's
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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
Posted in Editorial, Financial
Tagged Department of Justice, Eric Holder, Fannie Mae, Fitch, Freddie Mac, Moodys, NC Renegade, Standard & Poor's
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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
Posted in Editorial, Financial
Tagged Economic Collapse, Eurobonds, Moodys, NC Renegade, Safes, Vaults
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