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Ahead of the curve as always, S&P cuts Cyprus' credit rating to CCC with negative outlook...

Ahead of the curve as always, S&P cuts Cyprus' credit rating to CCC with negative outlook from CCC+.
Comments (10)
  • Polaris1
    , contributor
    Comments (22) | Send Message
     
    LMAO! That was good!
    21 Mar 2013, 04:01 PM Reply Like
  • captiankirkoptions
    , contributor
    Comments (201) | Send Message
     
    Funny.
    21 Mar 2013, 04:02 PM Reply Like
  • wyostocks
    , contributor
    Comments (8229) | Send Message
     
    ditto.
    21 Mar 2013, 04:04 PM Reply Like
  • mickmars
    , contributor
    Comments (1323) | Send Message
     
    What fool pays these ratings firms for anything?
    21 Mar 2013, 04:33 PM Reply Like
  • User 353732
    , contributor
    Comments (4910) | Send Message
     
    The correct rating For Cyprus is the same as for Cuba, Zimbabwe, Greece, Spain , Portugal, Illinois and New York---"F" for failed State( not failed people, of course).
    21 Mar 2013, 05:51 PM Reply Like
  • petten
    , contributor
    Comments (128) | Send Message
     
    Well said!
    21 Mar 2013, 05:54 PM Reply Like
  • Unsure Now
    , contributor
    Comments (406) | Send Message
     
    Honestly, i do feel bad for those citizens trying to just earn a living..They all can't be that bad..I know the banks have half their deposits from the KGB, so why not just freeze those accounts.

     

    Germany has something else up it's sleeve to allow this to happen..Hopefully it will surface one day..
    21 Mar 2013, 07:17 PM Reply Like
  • june1234
    , contributor
    Comments (2659) | Send Message
     
    Lend em more, why not cant go any lower than junk.
    21 Mar 2013, 07:27 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2061) | Send Message
     
    If you are TBTF bank you got bailed out.

     

    Here it is a small fry. They cut you loose and write you off.

     

    Dog-eat-Dog world; get used to it
    21 Mar 2013, 09:12 PM Reply Like
  • tomlos
    , contributor
    Comments (1146) | Send Message
     
    I didn't need a ratings agency to get to that conclusion...
    21 Mar 2013, 10:54 PM Reply Like
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