[lbo-talk] S&P cuts Russia's outlook on bank bailout costs

[uvj at vsnl.com]

S&P cuts Russia's outlook on bank bailout costs
http://www.reuters.com/article/companyNewsAndPR/idUSLN63501220081023

Thu Oct 23, 2008

LONDON, Oct 23 (Reuters) - Credit ratings agency Standard & Poor's cut its
outlook for the Russian Federation to negative from stable on Thursday,
warning of the costs of bailing out troubled banks and a rising risk of a
budget deficit.
http://www.reuters.com/article/companyNewsAndPR/idUSLN63501220081023