The head of the Bank of France Christian Noyer suggested that Britain's AAA rating should be downgraded first because it wasn't fair, it's not fair, it's not fair as quoted in Le Telegramme de Brest, nuff said. The blogger Tyler Durden at Zerohedge took great exception to this squeaming from
"members of the ECB who are apparently so blinded with chauvinistic rage that they have forgotten the most elementary things about modern corporate finance. Or perhaps, far morely likely, they never really knew it...
Which, incidentally, explains why we are all about to enter the latest and greatest global cataclysm (to borrow a word from Alain Juppe)."
bleurgggh!
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