downgrades

Moody's downgrade 'for the banks' own good'

Jun 22, 2012
The credit rating agency Moody's slashed the ratings of 15 of the world's biggest banks, including most of the big guys here in the U.S.
Posted In: markets, banking, downgrades

Moody's downgrades: European or global problem?

Jun 22, 2012
Global markets are down about a percent this morning after the rating agency Moody's downgraded the credit ratings of 15 of the largest banks in the world. Among them, European institutions -- but also big American banks like JP Morgan Chase and Bank of America.
Posted In: JP Morgan, banking, Moody's, downgrades

Do Banks Deserve All of These Downgrades?

Dec 16, 2011
U.S. banks are getting a harsh reception from ratings firms, regulators and even investors. Do they deserve the abuse?
Posted In: Banks, downgrades, insults and injuries