Contrary to Moody's, S&P says a Greek restructuring would not trigger a chain reaction...

|By:, SA News Editor

Contrary to Moody's, S&P says a Greek restructuring would not trigger a chain reaction resulting in the automatic downgrade of Ireland. "We would have to assess the situation ... we focus on the fundamentals," which sounds like S&P would wait for about 24 hours longer than Moody's to move on a downgrade.