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Moody’s to downgrade 21 Spanish banks

Moody’s is set to ‘significantly’ downgrade 21 Spanish banks within a week, following a cut of credit ratings on Italian banks, the Spanish economic daily Expansion said on Wednesday. “Sources in the Spanish financial sector are convinced that the agency will lower in a significant manner the ratings of numerous institutions,” said the daily. “The announcement can…

“Some way out of here” has real appeal in 2009

Confession: I’m like the last person in the country to get on board the “Lost” train. I only started watching the show a few months ago, and we’re up to season 3 by watching it through Netflix. I mention this, because it was fascinating (and due credit to Marc for…