InvestorsHub Logo

z4lover

05/08/10 9:29 PM

#1495 RE: BullNBear52 #1494

Moody's Says Very Likely to Downgrade Portugal

http://www.cnbc.com/id/36959747

"PIMCO's Gross: rating agencies not useful"

"Spain has 20 percent unemployment and a recent current account deficit of 10 percent, Gross said, adding that in the markets its government bonds are already trading as if they were rated at Baa levels; in the lower echelons of investment grade."

http://www.cnbc.com/id/36959940

"Greece Not the Real Problem"

"we still have to deal with spain, portugal and likely italy."

http://www.cnbc.com/id/15840232?video=1487665599&play=1