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porno jew · 11-30-2011, 01:28 PM

S&P Says Technical Error Caused Mistaken France Downgrade E-mail

http://www.businessweek.com/news/201...de-e-mail.html

Nov. 11 (Bloomberg) -- Standard & Poor’s said a “technical error” unrelated to France’s credit rating was the cause of the message issued yesterday that roiled markets when the company mistakenly suggested the country had been downgraded.

The erroneous e-mail stemmed S&P’s computer systems incorrectly interpreting the company’s Banking Industry Country Risk Assessment ranking for France, which isn’t a credit grade, S&P said today in a statement. The New York-based firm said it’s “cooperating with all the relevant authorities to provide full background on the matter.”

11-30-2011, 01:28 PM
porno jew Too lazy to set a custom title Industry Role: Join Date: Nov 2006 Posts: 10,166	S&P Says Technical Error Caused Mistaken France Downgrade E-mail http://www.businessweek.com/news/201...de-e-mail.html Nov. 11 (Bloomberg) -- Standard & Poor’s said a “technical error” unrelated to France’s credit rating was the cause of the message issued yesterday that roiled markets when the company mistakenly suggested the country had been downgraded. The erroneous e-mail stemmed S&P’s computer systems incorrectly interpreting the company’s Banking Industry Country Risk Assessment ranking for France, which isn’t a credit grade, S&P said today in a statement. The New York-based firm said it’s “cooperating with all the relevant authorities to provide full background on the matter.”