I wonder how many people were privy to this 'concern' before it was published. Certainly would make a nice short trade on US banks having such information.Why anyone out there takes these agencies 'warnings' seriously after their tremendous work leading up to the GFC is beyond me.Interesting as soon as things start looking a little brighter(US data) one of these ratings agencies finds a new end of days event. One can only imagine the extent of insider short selling that occurs before these announcements(IMO). All shorting worldwide should be banned and please don't start about liquidity blah blah... Ps fluffy, I now know what the symbols beside your name mean. Silly me
