S&P Downgrades France And Italy As Investors Avoid Eurozone

Friday, January 13, 2012 S&P Downgrades France And Italy As Investors Avoid Eurozone Standard & Poor's Ratings Services slashed the credit ratings of nine eurozone countries on Friday, marking a deterioration in confidence in the troubled eurozone. At JPMorgan, Disappointing Year Means Customers Could Pay For-Profit College: Preying On The Poor's 'Pain' Not 'Remotely Deceptive' Wall Street Bankers Quitting To Start Their Own Businesses Are America's Optimistic Consumers Really Just Blissfully Ignorant? Bed, Bath & Radioactive Tissue Holders? BLOG POSTS Robert K. Lifton: Mitt Romney and Bain Capital: Understanding the Reality Mitt Romney's career as a candidate tell us little more than that he can be all things to all people. We have to look elsewhere than Bain Capital to make a well-reasoned decision about Romney's qualifications for president. Nelson Davis: Now Is the Time It may not seem so smart to start a business in a down economy, but I'm in the school of thought that says the time is never perfect, but action overcomes obstacles. Getting your great idea out of your head and into reality is one of life's most satisfying experiences. Elena Panaritis: What Does a France Downgrade Mean for Europe? We need to prove that the European Union is made of countries with a flexible yet robust productive base capable to innovate, attract new ideas and boost entrepreneurship. Jeff Greene: Downgrading the Big Three Standard and Poor's, Moody's, and Fitch -- also known as The Big Three -- lost much of their credibility as they failed to act as reliable brokers of information and played a big part in creating the economic crisis that began in 2007. In effect, the market has downgraded them. Lyric Hughes Hale: Interest Rates Are Too Low! What would happen if the central banks of the world, and the handful of people who run monetary policy, decided that they would all maintain the same interest rate?

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