(Reuters) – JPMorgan Chase & Co’s disastrous bets on corporate debt may have caused unexpected collateral damage: erratic behavior in a barometer that measures the…
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…