See the Anglo-Saxon trick? No change to Gringo and Poodle's ratings while Iceland, Ireland, Greece, now Portugal all 'queue' in almost perfect timing. Even the gods cannot get the timing of those rating downgrades as well as those fellas...
Breaking News
Moody's downgrades Portugal into junk territory
Ratings agency Moody's has cut Portugal's main credit rating by four notches to Ba2. The group cited what it saw as a great risk that the eurozone nation would need more official financing.
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