FTSE 100 and CAC 40 up in early trading, spot gold climbing (now around $730US)
Solution to the global finance problem? Cut the USA loose.
Note that one of the reasons so many financial institutions outside the US were suckered into buying dodgy investment packages was that Moodys and other rating agencies gave the packages a double A rating. That rating is supposed to mean that the investment has already been checked out and found to be solid. Subprime loans - Solid?
So much for an American rating agency's rating of an American financial product - those issuing the product are the ones that pay Moodys...
Cut them loose - they are corrupt to the core and will only drag the world down with them if they are trusted again in the future - next time, let us (eg Australian Authorities) rate their companies, investments and products!!
Robert
FTSE 100 and CAC 40 up in early trading, spot gold climbing (now...
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Last
$1.44 |
Change
0.005(0.35%) |
Mkt cap ! $175.1M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.44 | $1.44 | $16.42K | 11.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1407 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.44 | 410 | 1 |
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| Last trade - 11.25am 26/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |