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eppur_se_muova

(36,274 posts)
Tue Sep 4, 2012, 10:08 AM Sep 2012

Moody's lowers EU rating outlook to 'negative'

Source: BBC

Moody's has lowered its outlook for the European Union's AAA credit rating to "negative" and warned that the bloc's rating could be downgraded.

It said the move reflected the negative outlook for the ratings of the EU's key budget contributors.

Earlier this year, Moody's put ratings of Germany, France, Netherlands and the UK on a negative outlook.

It said that these nations were all exposed to the region's debt crisis, hurting their creditworthiness.



Read more: http://www.bbc.co.uk/news/business-19472857

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Moody's lowers EU rating outlook to 'negative' (Original Post) eppur_se_muova Sep 2012 OP
moody's also gave those cdo's a triple a statues and when they were sued for it we were told 'hey leftyohiolib Sep 2012 #1
this is why we need a 75% tax Dkc05 Sep 2012 #2
Pay for Ratings donqpublic Sep 2012 #3
The banksters (Moody) are threatening the EU economy just like they did ours magic59 Sep 2012 #4
So who paid Moody's to come up with an opinion on the matter? byeya Sep 2012 #5
 

leftyohiolib

(5,917 posts)
1. moody's also gave those cdo's a triple a statues and when they were sued for it we were told 'hey
Tue Sep 4, 2012, 10:14 AM
Sep 2012

it's only an opinion. "The ratings of these securities was a lucrative business for the rating agencies, accounting for just under half of Moody's total ratings revenue in 2007. Through 2007, ratings companies enjoyed record revenue, profits and share prices"

 

Dkc05

(375 posts)
2. this is why we need a 75% tax
Tue Sep 4, 2012, 10:19 AM
Sep 2012

If we don't redistribute from the wealthy we will be in the same situation We need to take away their ill gotten gains. Tax them at 75% get the deficit under control. If you make new than 50,000 then you need to pony up and pay your fair share. Make 250,000 or more then pay 50% to help our government support those who need help. Over 500,000 tax them 75%. They will never miss it and we can fix or budget issues. Everybody has to sacrifice for the good of their neighbor.

donqpublic

(155 posts)
3. Pay for Ratings
Tue Sep 4, 2012, 10:28 AM
Sep 2012

The best way to keep a good rating with Moody's and S & P is to pay them. Ask corporate America.

 

magic59

(429 posts)
4. The banksters (Moody) are threatening the EU economy just like they did ours
Tue Sep 4, 2012, 10:38 AM
Sep 2012

holding it for ransom until they get what they want which is more austerity. They got tax cuts for the rich and war on SS and medicare here. Their extortion will keep working as long as the banksters control world governments and economies.

 

byeya

(2,842 posts)
5. So who paid Moody's to come up with an opinion on the matter?
Tue Sep 4, 2012, 12:50 PM
Sep 2012

Find out who hired Moody's and you'll be more than halfway to finding out who will benefit from a perceived
negative outlook.

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