- We will have to see how we can break the oligopoly held by rating agencies (you got bigger fish to fry that the bloody rating agencies, you donut)
- Does not believe Italy is a problem case (don’t matter what you think, market’s voting)
- Any rumours about doubling European rescue facility have no basis in reality
Spain’s IBEX down -2.5%; Italy’s FTSE MIB down -2.7%; Portugal’s PSI 20 down -2.7% as contagion rages…….
