What gives here?
Are we supposed to think that a government failed to keep trustworthiness, and a single company Goldman, was only good intentioned?
Take your pick. To me it looks that Greek lawyers are bad and Goldman's good. Furthermore Goldman has friends in the White House and Greece does not.
Today from the NYT:
"The ratings agency, Standard & Poor’s, downgraded Greece’s long-term and short-term debt to noninvestment status and cautioned that investors who bought Greek bonds faced dwindling chances of getting their money back if Greece defaulted or went through a debt restructuring. Earlier, S.& P. reduced Portugal’s credit rating and warned that more downgrades were possible."
Posts
No comments:
Post a Comment