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They’re gonna downgrade their outlook from stable to negative though, just in case. [WSJ]
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that's just horseplay
Is it just me, or is Moody's a terrible name for an NRSRO? It's too flimsy, like your rating is at the whim of a bipolar analyst with a severe case of PMS, who not only hates her job but just found out her boyfriend slept with her sister.
Moody's has slashed Cyprus's credit rating into Junk status, warning that the Cyprus government will have to inject fresh capital into its banks to cover losses incurred through Greece's debt swap. Cyprus's banks were highly exposed to Greek debt and so are disproportionately hit by the haircut taken by creditors. Las Vegas chiropractor
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