Sunday, November 6th, 2011
U.S. stocks fell, driving the market to its first weekly drop since September, as Greece’s reluctance to accept another bailout and a disagreement over boosting the International Monetary Fund’s resources threatened Europe’s efforts to halt its debt crisis.
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Thursday, October 27th, 2011
Stocks surged, extending the biggest monthly rally in U.S. equities since 1987, and the euro strengthened as European leaders agreed to expand a bailout fund to stem the region’s debt crisis. Treasuries and bunds fell, while metals and oil led a rally in commodities.
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Thursday, October 20th, 2011
France is among euro-region sovereigns likely to be downgraded in a stressed economic scenario, according to Standard & Poor’s.
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Thursday, October 6th, 2011
Wall Street strategists say the Standard & Poor’s 500 Index, after falling within 1 percent of a bear market this week, will post the biggest fourth-quarter rally in 13 years even after they cut forecasts at a rate exceeded only during the credit crisis.
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Wednesday, October 5th, 2011
Standard & Poor’s, bending to pressure from a bank selling the product, gave its highest investment rating to notes that resembled a gambler’s tactic of doubling down on losing bets, an Australian court was told.
Find more info about S&P Rater a ‘Wuss’ for Bending for Bankers, Australia Court Told photos ...
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