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REPORT ABUSIVE REPLY
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Message Subject
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ALERT: GREECE cut to SELECTIVE DEFAULT by S&P!
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Poster Handle
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Harvey the Big Cat |
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Post Content
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Quoting: Strongman Shelford Hmmmmm..... SS, why did they wait till after the close? good question. maybe not to create too much abrupt moves on the open session. It is official policy to wait until the close of trading to release news which may create 'volatility' Every recent downgrade has been released after hours This is also why the FDIC always announces the banks which are folding after the close on a Friday, before the weekend By the time the markets re-open, they hope the desks in Hong Kong and London can do the required damage control
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