Archive for the ‘Fitch’ Category
Forecast 2009: There Will Be Blood
Tuesday, February 3, 2009 21:00 42 Comments2009 will be a year of complete destruction for the US economy. 5 Million will lose their jobs. The Dow Jones Industrial average will break below 6,000. Municipalities will fail. Insurers will fail. The unemployed and foreclosed American population will take to the streets and begin rioting. The Greatest Depression is upon us.
Sound far fetched? [...]
Toyota Loses AAA Status on Fitch Downgrade
Wednesday, November 26, 2008 7:47 1 CommentFitch Ratings downgraded Toyota Motor Corp.’s (TM:65.73) long-term foreign and local currency issuer default ratings and senior unsecured debt ratings to ‘AA’ from ‘AAA,’ with a negative outlook, late Tuesday. “Multiple negative developments, including the rapid and significant appreciation of the yen, the concurrent downturn in all major auto markets and high raw [...]





















