Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Crimson Ghost who wrote (73850)	6/30/2010 3:49:13 PM
From: Haim R. Branisteanu	2 Recommendations of 74559

Why Americans are going to be hated more and more around the world - Just before issuing around $4.3 billion in new debt Moody is putting Spain on "review". IMHO Lindow should be fired and tried for market manipulation and spend the rest of his life in jail - after his BS statement the stock market swoon over 140 points Spain’s Aaa classification may be lowered as much as two grades, Moody’s analysts including Senior Vice President Kristin Lindow in New York said today in a statement. The review will be concluded within a three-month period, the ratings company said. Euro-region members including Greece and Portugal have had their sovereign ratings lowered on concern they will struggle to cut their budget deficits to within European Union limits. Fitch Ratings cut Spain to AA+, its second-highest ranking, on May 28, citing growth concern. Standard & Poor’s ranks the nation AA. The government is scheduled to sell as much as 3.5 billion euros ($4.3 billion) of five-year notes tomorrow. noir.bloomberg.com

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