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15 Major Investment Banks See Ratings Cut by Moody's
| Thursday, 21 Jun 2012
| Mary Thompson, Margaret Popper
Posted on 06/21/2012 6:13:11 PM PDT by Aquamarine
Moodys Investors Service downgraded the debt ratings of 15 major international banks and securities firms on Thursday, a move that could cost the banks billions of dollars in extra collateral.
U.S banks that were downgraded included: ......
(Excerpt) Read more at cnbc.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: bankdowngrades; banks; business; economy; moody
posted on 06/21/2012 6:32:35 PM PDT
(We have to go spend money to keep from going bankrupt - Joe Biden)
Notice how hard it is to see the names?
posted on 06/21/2012 6:35:21 PM PDT
This web site would do alright by it's self by not letting anything be posted as news that has nbc anywhere close by. At a minumin, a disclamer attached that it's suspicious as news coming from nbc
posted on 06/21/2012 6:39:48 PM PDT
("Let His day's be few And another takes His office")
Much better article. Thanks!
posted on 06/21/2012 6:53:17 PM PDT
“reflects Moodys view that government support for US bank holding company creditors is becoming less certain and less predictable...”
“...whereas support for creditors of operating entities remains sufficiently likely and predictable to warrant stable outlooks.”
So they’re not being downgraded only because the taxpayers will save them?
posted on 06/21/2012 7:08:12 PM PDT
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
Ahoy mateys, there be the derivative death star off the port bow and she be sucking us down the maelstrom of financial ponzi death. All them little financial bank boats swirling down the drain be nothing compared to the massive nation ships that have tied themselves to them, like an albatross around ye neck.
posted on 06/21/2012 11:02:08 PM PDT
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