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***Fitch ratings agency downgrades Greece's credit rating to BB-plus, the equivalent of junk status***

 
Anonymous Coward
User ID: 1178326
United States
01/14/2011 01:22 PM
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***Fitch ratings agency downgrades Greece's credit rating to BB-plus, the equivalent of junk status***
LONDON (MarketWatch) -- Fitch Ratings on Friday downgraded Greece's credit rating to BB-plus from BBB-minus. The cut puts Greece's credit rating in junk territory. The agency said the outlook for the rating is negative, which means the rating could be cut further in the future.

[link to www.marketwatch.com]
aVian

User ID: 903212
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01/14/2011 01:23 PM
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Re: ***Fitch ratings agency downgrades Greece's credit rating to BB-plus, the equivalent of junk status***
The agency said the outlook for the rating is negative, which means the rating could be cut further in the future.

[link to www.marketwatch.com]
 Quoting: Anonymous Coward 1178326



a new term "Super Junk" status cruise
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."
- Frédéric Bastiat

food, water, ammo, weapons, battery back up solar, hand well pump, wood stove and 1 year of food...oh yeah PM's too...good luck





GLP