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Europe’s credit rating crunch

It has been a bad month for credit-rating agency executives who thought they were winning the legal and regulatory arguments about how they conduct their business. In Australia, the Federal Court ruled on November 5 in favour of 12 local councils in New South Wales which claimed that Standard and Poor’s had misled them into […]
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Start smelling the chocolates

The intelligent investor, managing director of Bedlam Asset Management, Jonathan Compton, says will look forward not back. Instead of reporting on the rescue of those countries already defaulting, he believes Belgium could be the next nation to default.