Wednesday, November 23, 2011

DON'T LOOK NOW: All The Ratings Agencies Are Inflating Fears About France's AAA Rating

"PREVIOUSLY: Fitch is adding fuel to the firestorm of debate surrounding France's AAA credit rating.

This morning, the ratings agency released a note saying that France's hold on the agency's top rating is already shaky at best, but it stands to lose the agency's top marks if economic conditions in the eurozone deteriorate any further.

That follows a hints last month and earlier this week from Moody's that France could soon be put on downgrade review..."

at http://www.businessinsider.com/ratings-agencies-are-stoking-fears-about-frances-aaa-rating-2011-11?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29#ixzz1eYefrkS5