Now how did FT get this story?

December 5, 2011 3:01pm by Barry Ritholtz

In addition to the surprise that Germany would be put on credit watch negative by any credit rating agency right now, we must ask how the FT got this S&P story leaked to them. How is FT getting quotes from S&P on this before an official release? Now a credit watch move on France would not be a surprise and maybe Austria too but Germany on the cusp of losing its AAA rating, according to S&P, would be shocking right now. With this said, if France specifically loses its AAA rating, the EFSF will have problems.

http://www.ft.com/intl/cms/s/0/7cf2e0ae-1f63-11e1-9916-00144feabdc0.html#axzz1fgg6UZvY

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