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S&P (MHP) was late to the party yet again with its declaration that Greece is in...

S&P (MHP) was late to the party yet again with its declaration that Greece is in “selective default,” Barry Ritholtz writes. In reality, Greece defaulted quite some time ago: "This nonsensical dance of the rating agencies not wanting to roil the waters during difficult periods reveals how meaningless [they] have become…  They are without purpose."
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  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    The new pain will come mainly from Spain.
    28 Feb 2012, 12:44 PM Reply Like
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