Fitch cuts ratings on 18 Spanish banks (via AFP) Fitch Ratings downgraded 18 Spanish banks on Tuesday, twisting the knife on a country being pummelled…
Portugal’s Credit Rating Is Cut to Junk by Fitch on Debt
November 24, 2011, 8:39 AM EST
Nov. 24 (Bloomberg) — Portugal’s credit rating was cut to below investment grade by Fitch Ratings due to the country’s rising debt level and weakening econo…
…woops, the frontrunners of the Feds QE2 bought the wrong stuff! Uh oh, that’s not good.
http://www.bloomberg.com/news/2010-10-28/bank-of-japan-to-buy-lowered-rated-corporate-
debt-to-spur-economic-growth.html
The Bank of Japan plans to buy corpor…