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Standard & Poor's Ratings Services has revised its outlook from stable to negative on seven Canadian banks.

 
Anonymous Coward
User ID: 10885457
Canada
07/31/2012 09:18 PM
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Standard & Poor's Ratings Services has revised its outlook from stable to negative on seven Canadian banks.
Is the bubble getting ready to burst in Canada?

Thoughts?
Anonymous Coward (OP)
User ID: 10885457
Canada
07/31/2012 09:23 PM
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Re: Standard & Poor's Ratings Services has revised its outlook from stable to negative on seven Canadian banks.
Unlike counterparts in the U.S. and Europe, Candian banks suffered no failures during the 2008-09 financial crisis.

Hmmm?
Anonymous Coward
User ID: 21021026
Thailand
07/31/2012 09:35 PM
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Re: Standard & Poor's Ratings Services has revised its outlook from stable to negative on seven Canadian banks.
Who is standard and poors or moodys and why do we give them so much power to make these silly ratings?

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