"Just hitting the tape are these quite perplexing headlines out of
Bloomberg:
Odd - because it is S&P who would be doing the downgrading. Cue downgrade rumors."
at http://www.zerohedge.com/news/did-sp-just-telegraph-imminent-french-downgrade
- EFSF LENDING CAPACITY MAY DROP TO EU293 BLN, CULLINAN SAYS
- EURO RESCUE FUND'S CAPACITY MAY FALL BY A THIRD, CULLINAN SAYS
- EURO RESCUE FUND MAY SHRINK ON FRANCE DOWNGRADE, CULLINAN SAYS
- S&P SOVEREIGN RATINGS DIRECTOR CULLINAN COMMENTS IN E-MAIL
Odd - because it is S&P who would be doing the downgrading. Cue downgrade rumors."
at http://www.zerohedge.com/news/did-sp-just-telegraph-imminent-french-downgrade