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How to Profit from Moody's Downgrade of Greek Debt
Monday, July 25, 2011 - 9:15am | 664Ratings agency Moody's Investors Service has downgraded Greek sovereign debt yet again. Moody's downgrade of Greek debt to "Ca" from the previous rating of "Caa1" makes Greece the lowest rated country in the world covered by the ratings agency. Although the agreement reached by European leaders...
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How to Profit from European Threats Against Rating Agencies
Thursday, July 7, 2011 - 9:15am | 751European Union politicians are up in arms over the latest in a series of downgrades of the sovereign debt of troubled EU member states by the United States-based rating agencies Moody's Investors Service, Standard & Poor's and Fitch Ratings. The uproar was spurred by the Moody's Investors...
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The Drama of the Euro Plays out in German Courts
Tuesday, July 5, 2011 - 4:39pm | 557Germany's highest court has begun hearing a challenge to the bailout agreements the country made with struggling Euro Zone member states, according to Reuters. Ruling conservative politicians have argued that the bailout goes against the German constitution. While it isn't likely that the...
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How Germany Could Inadvertently Destroy the Euro and Doom Its Economy
Thursday, June 16, 2011 - 10:46am | 846Reports say the German government is pushing to delay the second round of Greek bailouts until the end of the summer, but with riots increasing in intensity, it seems unlikely that the Greeks can wait that long. A delay might lead to Greece defaulting or exiting from the Eurozone. German...
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How to Profit from Greece's Misery (EUO, DRR, UUP, NBG)
Thursday, May 12, 2011 - 9:09am | 676German Finance Minister Wolfgang Schaeuble said that if Greece has trouble financing its debt, Germany will be willing to help but that any new aid will have to be tied to "clear conditions". The problem is that the Greek government has a problem with accepting agreed upon financial conditions...
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How to Profit from Greece's Misery (EUO, DRR, UUP, NBG)
Thursday, May 12, 2011 - 9:09am | 676German Finance Minister Wolfgang Schaeuble said that if Greece has trouble financing its debt, Germany will be willing to help but that any new aid will have to be tied to "clear conditions". The problem is that the Greek government has a problem with accepting agreed upon financial conditions...