Monday, June 14, 2010

Moody's Downgrades Greece Ratings to Junk

by Bill McBride on 6/14/2010 01:21:00 PM

From MarketWatch: Moody's slashes Greece to 'Ba1' from 'A3'

Moody's Investors Service on Monday downgraded Greece's government bond ratings by four notches to junk status of Ba1 from A3 ...
No real surprise ...