Greece, Spanish banks downgraded and Jamie Dimond invited to testify before the Senate!

Update on the developing European banking crisis!

Fitch has downgraded Greece again and Moody only downgraded 16 Spanish banks after it had announced it would downgrade 21 banks.

And Jamie Dimon the CEO of JP Morgan has been invited (What is wrong with old fashioned arrests and police investigations I wonder) to testify before the Senate.

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