Moody’s Downgrades 16 Spanish Bank Ratings – 18 May 2012

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Moody’s Downgrades 16 Spanish Bank Ratings – 18 May 2012

 

Comment: whatever it feels and however it looks like on the surface, this is the transition period we talked about. Things are changing to allow us all to get out of the old system and Jump out of the Box. Thank you for Focusing on the Love you Are ad Is and for not feeding fears. Freedom is right after the corner. 

 

The Associated Press

Moody’s Investors Service is downgrading the ratings of 16 Spanish banks because of the country’s worsening financial picture.

Moody’s lowered its rating by one to three notches on the long-term debt and deposit ratings for 16 Spanish banks and one U.K. subsidiary on Thursday.

www.npr.org link to original article

 

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