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One more thing…

By   || January 13, 2012 at 21:53 GMT
|| 2 comments || Add comment

Next week, all the banks and other government-related issuers in the downgraded countries will be downgraded as well.

First the sovereigns, then the banks. They do it every time…

Have a good weekend.

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2 Responses to “One more thing…”

  1. Colin Reimer on January 14th, 2012 07:36 GMT

    Thanks for the heads up. Have a good weekend.

  2. Adje on January 14th, 2012 11:17 GMT

    Following today’s rating actions, Standard & Poor’s will issue
    separate media releases concerning affected ratings on the funds,
    government-related entities, financial institutions, insurance
    companies, public finance, and structured finance sectors in due course.

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