Guardian: Eurozone in new crisis as ratings agency downgrades nine countries
Standard & Poor's strips France of its AAA credit rating, rekindling fears in the markets over future of single currency.
It serves them right. What do they expect, if they choose to be rated by an agency named Standard & Poor's? The clue's in the name.
I'm thinking of setting up a credit-rating agency named Extraordinary & Brilliant. That should bring the punters flocking in.
I don't understand all the fuss about these credit-ratings. Remember, it was these same agencies that previously gave the Eurozone countries a clean bill of health. So what the hell do they know?