Goldman Sachs, BNP Paribas Are Downgraded by Bondholders: Credit Markets
Default on Debt May Be Only Option for Some Countries, Pimco's Gross Says
Euro sinks as bank funding fears rise
Japanese investors are not just worried about debt issued by the peripheral economies of Portugal, Italy, Ireland and Greece; they seem pretty uneasy about German bonds too.
Investor confidence index fell to a 12 month low at 88.2 in May. (State Street - April 99.4)
Credit View (Swiss rating agency) - Banks may have a capital deficit of 1.5 trillion by the end of 2011, some may require state support.....
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