Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

S&P may cut France outlook within 10 days: report

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 08:20 AM
Original message
S&P may cut France outlook within 10 days: report
http://finance.yahoo.com/news/p-may-cut-france-rating-010448688.html;_ylt=AhAmBQn_vCgHWjwM1sQjgKWiuYdG;_ylu=X3oDMTQ0bmd2OHIwBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDMDQxM2NmNTUtNmUxOS0zODRiLThkZDktYWJmNjBkMGEzN2NhBHBvcwMyBHNlYwN0b3Bfc3RvcnkEdmVyAzExZjBjOGIwLTFhNjQtMTFlMS05ZGZlLWNkMzkyYTgxNmQ1YQ--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

PARIS (Reuters) - Credit rating agency Standard & Poor's could change its outlook on France's triple-A credit rating to negative within the next 10 days, a French newspaper reported on Monday, citing sources, the latest signal that France's top-tier status is at risk.

An S&P spokesperson in Paris said the agency did not comment on rumors. A spokesman in Melbourne earlier also declined to comment on the report, which if true would signal a heightened risk of a downgrade in the weeks ahead.

"It could happen within a week, perhaps 10 days," La Tribune quoted a diplomatic source as saying of a change to the outlook.

The economic and financial daily said S&P -- which cut Belgium's credit rating to double-A from double-A-plus on Friday -- had planned to make its announcement on France the same day but postponed it for unknown reasons.

more at link...
Printer Friendly | Permalink |  | Top
izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 09:31 AM
Response to Original message
1. I've cut S&P outlook
Their future as going concern is in doubt due to all the fraud they signed off on when they rated mortgage backed securities AAA.



Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed May 01st 2024, 04:40 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC