BR's rating agency downgrades Moodys, S&P, and Fitch

How the euro crisis end game might look - Jeremy Warner -> … -look.html

Moody’s restokes euro contagion fears - David Oakley -> … abdc0.html

In keeping with the industry standard of closing the stable door after the horse has bolted. Boyracers own ratings agency has downgraded Moodys, Fitch and S&P and issued a negative outlook for all three companies. These seemingly oblivious companies, along with the central banks totally missed the collateralised debt obligation (CDO) securitisation of the various asset bubbles worldwide and concomitant risk it posed to the entire financial system via derivatives. So obviously these companies have been utilising ‘intellectual austerity’ with the vicious circle effects that austerity often inflicts upon those who then attempt to clean up their acts. Now that the ratings agencies are trying to rehabilitate their respective images by downgrading European sovereign debt, Boyracer reckons that it is a fitting time to punish them for past errors.

Moody Casts Doubt on Banks -> … -on-banks/ … ssenger-2/
(You’ll have to go to the link…)

Top work fella :bulb: , obrigado.