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Hello ItBBB+ly

By Tyler Durden
Created 01/13/2012 - 13:04
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 01/13/2012 13:04 -0500



 

It only took a few years, but we can finally move from A to B:

  • ITALY CUT TWO LEVELS TO BBB+ BY S&P, EU OFFICIAL SAYS

Somehow ItBBB+ly doesn't quite have the same ring to it... Oh well, it will still work as pristine collateral with the ECB.

 

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