Archive - Jul 13, 2010
U.S. Stripped of AAA Credit Rating...By China?!
Submitted by asiablues on 07/13/2010 06:44 -0500A Chinese credit rating agency downgraded the U.S. sovereign debt rating to AA with a negative outlook, along with other major Western nations, while slamming its Western counterparts.
The Efficacy of the EU/IMF Bailout is Waning Significantly, As Greek Yields Rise and Portuguese Ratings are Dropped
Submitted by Reggie Middleton on 07/13/2010 06:36 -0500Why isn't the popular financial media reporting the fact that Greece's funding costs increased after the $1 trillion dollar bailout? Why isn't it pointed out the Portugal's credit rating has been dropped - post bailout? Exactly what is $1 trillion US dollars good for these days - trick question, but I dare 'ya to answer :-)
RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 13/07/10
Submitted by RANSquawk Video on 07/13/2010 05:14 -0500RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 13/07/10
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