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S&P Revises Outlook on Euro Rescue Fund to 'Negative'

 
Anonymous Coward
User ID: 1552061
Argentina
02/27/2012 02:47 PM
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S&P Revises Outlook on Euro Rescue Fund to 'Negative'
Standard & Poor's revised its outlook on the European Union's bailout facility to negative on Monday, pointing to the reduced creditworthiness of some of the countries backing it.

S&P reaffirmed the European Financial Stability Facility's long-term AA+ rating, but the move to a negative outlook from a developing one means the agency could cut the rating within the next two years. It cut the EFSF rating from AAA in January.

Read more: [link to www.foxbusiness.com]

UPDATE 1:

Thread: ISDA ( Regulatory body) OFFICIAL release :" WE WILL SAY IF GREECE IS IN DEFAULT ON FEB 29 2012 5PM GMT"

UPDATE 2:

Thread: ALERT: GREECE cut to SELECTIVE DEFAULT by S&P!
Anonymous Coward (OP)
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02/27/2012 02:49 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
This is breaking news. If you enjoy Strongman's pinned threads, don´t forget to send your good karma charlie

This is your host, Strongman, with the best financial breaking news at GLP.

5a
From the man who has already since financial dooms...twice! charlie


Strongman Shelford
GLP Veteran Markets Analyst





And so it begins!

Start the discussion...!


clappa
Anonymous Coward
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02/27/2012 02:52 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
We care about rating agencies because ...?

Shouldn't we go beyond sheep like discussions here at GLP?
Anonymous Coward
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02/27/2012 02:53 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
We care about rating agencies because ...?

Shouldn't we go beyond sheep like discussions here at GLP?
 Quoting: Anonymous Coward 11552893


clappa
Anonymous Coward (OP)
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Argentina
02/27/2012 03:03 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
you will find that ratings can move the markets and change things in the global course of economics.
it is really fun.
miked

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02/27/2012 03:11 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
hiding
if someone asks if you're a god, you say yes!
Anonymous Coward (OP)
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02/27/2012 03:11 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
UPDATE :

Thread: ISDA ( Regulatory body) OFFICIAL release :" WE WILL SAY IF GREECE IS IN DEFAULT ON FEB 29 2012 5PM GMT"
Harvey the Big Cat

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02/27/2012 04:13 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
Standard & Poor's revised its outlook on the European Union's bailout facility to negative on Monday, pointing to the reduced creditworthiness of some of the countries backing it.

S&P reaffirmed the European Financial Stability Facility's long-term AA+ rating, but the move to a negative outlook from a developing one means the agency could cut the rating within the next two years. It cut the EFSF rating from AAA in January.

Read more: [link to www.foxbusiness.com]

UPDATE 1:

Thread: ISDA ( Regulatory body) OFFICIAL release :" WE WILL SAY IF GREECE IS IN DEFAULT ON FEB 29 2012 5PM GMT"
 Quoting: Strongman Shelford


Great updates, ty

You should stop by my group some time
Maxmakc

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United States
02/27/2012 04:25 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
you will find that ratings can move the markets and change things in the global course of economics.
it is really fun.
 Quoting: Strongman Shelford


Noooooo doubt about that!
Maxmakc
Anonymous Coward (OP)
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Argentina
02/27/2012 04:30 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
UPDATE 2:

Thread: ALERT: GREECE cut to SELECTIVE DEFAULT by S&P!
Anonymous Coward
User ID: 11554580
United States
02/27/2012 05:06 PM
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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
Europe has been around for thousands of years with out the Euro the sun will still shine and water will be blue without the Euro.

Iceland booted the banksters out and 2 years later they have a budget surplus.

Give the banksters the boot.
Burt Gummer

User ID: 7702124
United States
02/27/2012 05:27 PM

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Re: S&P Revises Outlook on Euro Rescue Fund to 'Negative'
 Quoting: Strongman Shelford


If you want to understand what is going on with the EURO and GREECE (second video)....EVERYONE should watch these vids.

zoinks

The EURO Union




The Greek Default



News








We're dropping truth bombs like it's the end of days!