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Moody's downgraded three Nordic banks last week, and investors responded by pushing the banks'...

Moody's downgraded three Nordic banks last week, and investors responded by pushing the banks' bond and share prices higher. It's the latest sign that investors are paying less attention to the ratings firms and their "backward looking" proclamations.
Comments (1)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    It's about time investors started ignoring them.
    29 May 2012, 05:48 AM Reply Like
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