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Moody's cuts Ireland's debt rating 2 levels to Baa3, one notch about junk status. Added to the...

Moody's cuts Ireland's debt rating 2 levels to Baa3, one notch about junk status. Added to the usual reason of a country suffocated by debt, Moody's cites the likely series of policy hikes by the ECB as squeezing the Irish even more, given 70% of mortgages are variable rate.
Comments (1)
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    Why Moody is still in business? Where are regulators? Please do not downgrade anybody after the fact. If you have real research please do it early and help us investing.
    15 Apr 2011, 08:22 AM Reply Like
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