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Just hours after Deutsche Bank warns that France could be put under negative watch by the credit...

Just hours after Deutsche Bank warns that France could be put under negative watch by the credit rating agencies before year's end, Moody's says France's fiscal condition is "among the weakest of France's Aaa peers... Over the next three months, Moody's will monitor and assess the stable outlook in terms of the government's progress."
Comments (3)
  • untrusting investor
    , contributor
    Comments (9973) | Send Message
     
    Hmmmm, guess that will put France under more pressure to scale back the bazooka touted approach to EU banking problems. Was not realistic to begin with, but France will not want to see increased borrowing costs and possible credit downgrades.
    17 Oct 2011, 06:19 PM Reply Like
  • nightfly
    , contributor
    Comments (1017) | Send Message
     
    And then there was one...will the one bail out everyone else? Not likely.
    17 Oct 2011, 10:13 PM Reply Like
  • Dr. V
    , contributor
    Comments (1179) | Send Message
     
    Deutsche Bank should talk, they were just placed on RWN last week themselves for a littany of reasons. Not only that, their Short Term IDR affirmed at "F1+", Individual rating affirmed at "B/C", and Senior Debt Long term "AA-" placed on RWN, and Short Term Senior debt affirmed at "F1+". I would say they have enough to worry about right now, add to that the fact that their share price has dropped 50% since July as well as a 50% drop In Market Cap. Can you spell I-N-S-O-L-V-E-N-C-Y? I can D-E-U-T-S-C-H-E B-A-N-K. Short them now, even if you have to re-mortgage your house, and bring your kids home from college for a semester, it will be worth your while.
    18 Oct 2011, 03:04 AM Reply Like
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