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January 13, 2012
Sacré Bleu! S&P Expected To Downgrade France
A light dusting of old world DOOM! to kick off the weekend.
Standard & Poor's ratings agency has downgraded France's credit rating, French television channels reported on Friday, citing a government source.
...
Several euro zone countries including France face an “imminent” downgrade by ratings agency S&P, Reuters and Dow Jones news agencies reported, sending the euro to a session low against the dollar and European stocks down. US stocks also tumbled.
Maybe if Presidents Downgrade were keeping their eyes on their jobs, huh?