SocGen and Credit Agricole downgraded by US rating agency Moodys

A

ASusilovic

1:21a
Moody's cuts Credit Agricole long term ratings
1:20a
Moody's cuts Credit Agricole BSFR to C from C+
1:10a
Moody's cuts SocGen rating to Aa3 from Aa2
1:10a
Moody's cuts Societe Generale long-term ratings




YAWN!
 
Nothing like after the fact analysis. LOL!

Good to know the CRAs are ahead of the curve. Again.

Actually from what I have read all 4 large French banks are pretty much toast.
 
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