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S&P starts a Ratings Cut Blodobath for the Banks just after the market close
By John Galt November 29, 2011 – 16:55 ET Goldman Sachs HSBC Bank of America Citigroup Merrill Lynch unit of BoA Wells Fargo plus 31 others. More info after the press release is issued in detail via...
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All but 7 of the NY Fed’s Primary Dealers were downgraded by S&P tonight
By John Galt November 29, 2011 – 17:20 ET All but 7 of the Primary Dealers from the NY Federal Reserve list were downgraded today. Gee, maybe holding AAA crap paper from the U.S. Government isn’t...
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12.05 Breaking News: Per WSJ ALL 17 Eurozone nations on Creditwatch Negative
By John Galt December 5, 2011 – 15:20 ET And the blood from the baby seals froze into the ice… Ouch. Story breaking now on all Financial media from the Wall Street Journal and the cratering of the...
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12.05 – S&P Officially downgrades 15 Countries to CreditWatch Negative
By John Galt December 5, 2011 – 16:45 ET From Standard & Poor’s website: RATINGS LIST To From Long-term ratings on CreditWatch negative Austria (Republic of) Sovereign Credit Rating AAA/Watch...
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