FLASH: FITCH DOWNGRADES FIVE MAJOR EUROPEAN BANKS chessNwine Wed Dec 14, 2011 4:48pm EST 4 Comments Developing… SOURCE: CNBC If you enjoy the content at iBankCoin, please follow us on Twitter 2011-12-14 chessNwine Share Facebook Twitter LinkedIn
http://www.cnbc.com/id/45674156
So was this being steadily priced in since the “warnings” were given? Or is there going to be a flash crash tomorrow?
I think we are to the “No one gives a shit any more because they downgrade something at least twice a week” stage. How many times can you say “Europe is fucked” in a different manner?
Note the countries
Credit Agricole – France
BFCM – France
OP-Pohjola – Finland
Danske Bank – Denmark
Rabobank – Holland