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On Friday Moody's downgraded Italy, and traders fear that a Spanish downgrade is not far off.
A downgrade is inevitable, he told them.
Consensus is generally sought before a downgrade is made.
The downgrade is a blow to American prestige and credibility.
"I think the impact (of this downgrade) is small.
But Merrill's downgrade is the first by a Blackstone underwriter.
But a credit downgrade is unlikely to cause a major shock to the system.
downgrade is any indication, 2012 candidates face an unusual level of turbulence.
The Dutch downgrade is yet another sign of how sick the euro zone remains.
S.& P.'s downgrade is a reminder that all bad things may come to an end.
Some onlookers concluded that only a one-notch downgrade is pending.
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CEO of Professional Science Editing for Scientists @ prosciediting.com