Moody's Cuts Spain, Italy, Portugal, Threatens French And British Triple-A's

February 13, 2012   |   February 2012 Bond Updates
Moody?s was last to the downgrade party, announcing on Monday it was axing the sovereign credit rating of six European nations including Italy, Spain, and Portugal.  At the same time, the credit rating agency put three triple-A rated nations (the U.K., France, and Austria) under negative outlook, signaling they too could lose the precious, yet arbitrary, seal of approval.

View more at: http://www.forbes.com/sites/afontevecchia/2012/02/13/moodys-cuts-peripherals-scrutinizes-france-and-britains-triple-as/
 
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