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**Pete** · 04-28-2010, 04:44

Greece Cut to Junk at S&P as Contagion Spreads

http://www.bloomberg.com/apps/news?p...VNxY7eto&pos=1

"April 27 (Bloomberg) -- Greece’s credit rating was cut three steps to junk by Standard and Poor’s, the first time a euro member has lost its investment grade since the currency’s 1999 debut. The euro weakened and stock markets throughout the region plunged................"

04-28-2010, 04:44	#26
Pete Quiet Professional Join Date: Feb 2005 Location: Fayetteville Posts: 13,080	Greece Cut to Junk at S&P as Contagion Spreads Greece Cut to Junk at S&P as Contagion Spreads http://www.bloomberg.com/apps/news?p...VNxY7eto&pos=1 "April 27 (Bloomberg) -- Greece’s credit rating was cut three steps to junk by Standard and Poor’s, the first time a euro member has lost its investment grade since the currency’s 1999 debut. The euro weakened and stock markets throughout the region plunged................"
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