Fitch lowers Repsol-YPF rating; growing intervention of Argentine government feared

Friday, March 23rd 2012 - 22:56 UTC

Full article 9 comments

Fitch Ratings has lowered its long-term rating on Spanish oil company Repsol YPF SA by one notch to BBB after its Argentine unit said it would pay out its dividend in shares instead of cash. Last week Moody’s adopted a similar decision. The company is currently in a dispute with the Argentine government. Read full article

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GreekYoghurt
worthless shares in furked company are worthless.
Mar 23rd, 2012 - 11:07 pm - Link - Report abuse 0
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briton
it may be better to cut her loses and get out of argentina now,
before spain has nothing left in CFK new world .
Mar 23rd, 2012 - 11:26 pm - Link - Report abuse 0
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The Cestrian
“Fernández will have to go on robbing what she can until there is nothing left to rob, and then the day of reckoning will come.”

http://www.emergingmarkets.org/Article/2995995/Economics-and-Policy/ARGENTINA-Gone-with-the-wind.html
Mar 24th, 2012 - 12:02 am - Link - Report abuse 0
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tobias
Well, a worthless company being rated by a worthless company (a rating agency). Yup, modern capitalism for you (crony cap, not true mercatilism)
Mar 24th, 2012 - 02:59 am - Link - Report abuse 0
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GreekYoghurt
@4 A typical commodities company being rated by a bitter misled commenter (an Argtard). Yup, modern peronism for you.
Mar 24th, 2012 - 09:35 am - Link - Report abuse 0
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tobias
You know, I'm noticing a pattern here of no one actually DENYING what I write. I just had yankeeboy admit the USA does not honor any agreements, so they are the same as us (minus the American racism).
Mar 24th, 2012 - 02:55 pm - Link - Report abuse 0
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yankeeboy
What a sad little man you, do you think little ol' me needs to defend the honor of the USA? It is known as a tenant of most people's belief system and is undeniable. I didn't want to want my time.
Mar 24th, 2012 - 03:36 pm - Link - Report abuse 0
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tobias
You did say “might makes right” when I challenged by saying “the USA is seen as dishonorable in the world”.

There is nothing to defend, on that we agree. Don't you have to sleep right now? You have a “darkie” watch in your neighborhood tonight. Hopefully no 16 year old with a bag of sweets will dare enter your White America.
Mar 24th, 2012 - 03:41 pm - Link - Report abuse 0
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briton
a worthless company

If all these things are worthless,,
Then why is CFK bothering with them,

.
Mar 24th, 2012 - 09:45 pm - Link - Report abuse 0
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