Fitch Ratings comparison India and Iceland Ratings in 2006 and 2011 (Unbelivable)

Came across Fitch ratings on India in 2006 http://www.rediff.com/money/2006/jan/18fitch.htm Rating of India — BB+ Highlights (Heading of arcticle was Fitch warns India on mounting debt/GDP ratio) Despite rapid economic growth of 8.1 per cent in the first half of this fiscal, global credit rating agency Fitch has warned India’s “weak public finances” will constrain higherContinue reading “Fitch Ratings comparison India and Iceland Ratings in 2006 and 2011 (Unbelivable)”

Greece Troubles

Came across really nice arcticle by Jonathan Weil of Bloomberg . All these are worth reading as he has the courage to say what all bankers want to hide . JPMorgan doesn’t pay fines even after repeating the frauds again and again How European banking Authority is behaving like an Ostrich by trying to buryContinue reading “Greece Troubles”