S&P puts EFSF on downgrade wat… Posted on December 6, 2011December 6, 2011 by Site Administrator S&P puts EFSF on downgrade watch which is not surprising but is just another straw on the camel’s back. To access this post, you must purchase The Credit Strategist Corporate Membership Subscription, The Credit Strategist Individual Membership Subscription, The Credit Strategist 1-Year Corporate Membership or The Credit Strategist 1-Year Individual Membership. Posted in The Credit Strategist.