Fitch casts doubt on European plans to stop crisis

AFP 12/16/2011

Fitch Ratings cast doubt Friday on the budget discipline pact European states intend to adopt being able to solve the eurozone debt crisis, and warned it may soon downgrade six countries, including Spain and Italy.

Also Friday, Moody’s ratings agency took action against a eurozone member, downgrading Belgium’s credit rating by two notches.

[…]

Source: Corzine Expected to Testify at House Hearing

MoneyNews.com 25 Nov 2011

Former MF Global Chief Executive Jon Corzine is expected to testify at a congressional hearing next month, a committee aide said Friday, tamping down speculation that the former head of the bankrupt brokerage would decline to take part.

The House Financial Services Committee announced earlier this week that Corzine, a former […]

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