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To: GROUND ZERO™ who wrote (2219)4/8/2010 11:51:50 AM
From: Hawk  Read Replies (2) | Respond to of 220727
 
You mean the PPT came in.LOL



To: GROUND ZERO™ who wrote (2219)4/8/2010 11:54:27 AM
From: Hawk  Respond to of 220727
 
S&P Threatens Greece With Downgrade If Bond Spreads Are Not Quickly Reduced
Submitted by Tyler Durden on 04/08/2010 10:08 -0500

Borrowing Costs Greece ratings Reuters

Life for Greek administrators can not be much fun these days - anywhere they look they just see more bad news. The latest comes from (appropriately named if you are Greek) S&P analyst Marko Mrsnik who told Reuters that "if the high borrowing cost persists and the consequent deviation from the consolidation path is not addressed, this would in our opinion, delay the reversal of the government debt trajectory and could lead to lower ratings." Nothing yet from Moody's - should Greece and the linked NBG be downgraded even one more notch by Moody's then all sorts of colletaral trigger horrors will be triggered and the liquidity crisis will reach a whole new level of pain.