S&P takes negative rating actions on 16 Spanish banks, including Santander (STD) and BBVA...

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diaman Comments (4)
 
Ever since the rating agencies were castigated for their lack of independent due diligence when the economic crisis exploded, they have behaved like the attorney whose advice is always "don't do it". If you listen to him you just never get any deal done.
30 Apr 2012, 01:20 PM Reply Like