(NYT) France Defends Its Credit Rating After Moody’s Warning

Posted by on Oct 18, 2011 in Uncategorized | No Comments

Yes, blame it on speculators and ignore the risks of backstopping billions of weak debt on a leveraged basis. They really don’t get it… Not at all.

On the other hand, they did point out that in the dictionary A is above AAA so it should be the same with ratings :)

http://www.nytimes.com/2011/10/19/business/global/france-defends-its-credit-rating-after-moodys-warning.html?_r=1&partner=rss&emc=rss