tag:blogger.com,1999:blog-8764541874043694159.post6822655459386262623..comments2024-03-28T12:23:39.665+00:00Comments on Coppola Comment: Downgrade, what downgrade?Frances Coppolahttp://www.blogger.com/profile/09399390283774592713noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8764541874043694159.post-89151877131052942752011-10-08T09:12:17.592+01:002011-10-08T09:12:17.592+01:00I think that the Government would need to be very,...I think that the Government would need to be very, very careful in offering RBS any support that it would not offer to an equivalent bank in which they did not own a stake. The whole banking support fiasco has been dodging carefully around EU government support rules and other legal interference.<br /><br />Admittedly, the rest of the EU are likely to want to keep their freedom of movement as broad as possible until this all dies its eventual death, so we are unlikely to see much banging of war drums from the Commission.<br /><br />Perhaps Moody's are just reacting to Hester's announcement of even more bad trading conditions earlier in the week.Surreptitious Evilhttps://www.blogger.com/profile/15393411103584747731noreply@blogger.com