Moody's Turns Moody on Europe, Sees Bailout Risks Spreading

Tyler Durden's picture

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SheepDog-One's picture

'Grand Masterplans' halflife now 2-3 days. 

GeneMarchbanks's picture

As Italy goes France follows. Italy continues to be the story, along with the Yenterventions which are only beginning.

SixFeetFromTheHedge's picture

Today last window-dressing session. Tomorrow "damned Tuesday", bitchez?

HD's picture

I always question how honest and how far the credit ratings agencies can go. The pressure on them to not rock the boat must be enormous...

apberusdisvet's picture


Note to rating agencies:

Shitcan all those "A"s in the alphabet box; start pulling out the "B"s.

Snakeeyes's picture

No kidding. Realization is dawning about the unfunded Euro bailout fund. All waiting for Obama/Geithner to put the US balance sheet on the line.



Snakeeyes's picture

Why is any of this a surprise?

Restoration and The “Failing Five” in Euroland

Sudden Debt's picture

Time to create another plan with a 5 letter title. If 4 don't work, 5 will!

Lucius Cornelius Sulla's picture

Notice how the Nordic and the former East block countries have very little exposure?  People with experience in centrally planned ponzi economies know not to go there again!