Moody’s Downgrades Italy’s Banks, More Downgrades To Follow
Moody's is taking aim at the PIIGS all over again. This time the company is firing off at the Italian banks rather than the Spanish, Portuguese, or the Greek banks. ...Read Full Story »
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Media Digest (5/11/2012) Reuters, WSJ, NYT, FT, Bloomberg
Facebook’s initial public offering is already oversubscribed. (Reuters) JP Morgan (NYSE: JPM) books a $2 billion trading loss, and the figure could rise by another $1 billion. (Reuters) China’s industrial ...Read Full Story »
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