ES Journal Archive (2011)

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20.45 Ten German public sector banks have been downgraded by Moody's, including BayernLB and Deutsche Hypo. In a statement the ratings agency said:
The rating actions reflect Moody's assumption that there is now a lower likelihood that these banks would receive external support, if required.
 
happy to say I finally got in a short, for 3 points, though certainly disappointing that I did not get more. Kind of difficult for me personally to trade this down move, as there was only one or two good "breaks", the rest was just hop on, or get left behind.

Bsnack, did you eat some wheaties or something to get over your "easier to buy" syndrome? I am still down with it and need some medicine :-(
 
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