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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.

Moody's downgrades 15 major banks

Jun 22, 2012
The credit rating agency Moody's slashed the ratings of 15 of the world's biggest financial institutions, including Citigroup and Bank of America here in the U.S. and Barclays and Credit Suisse in Europe.

Moody's cuts ratings of major international banks

Jun 22, 2012
Moody's has downgraded the credit ratings of 15 banks in Europe and North America -- that continues to rattle markets in Asia and Europe today so far.

Rating agencies: No longer the final word

Jun 11, 2012
The ratings agency Moody's could lower credit ratings on the bonds of several U.S. banks this month. The downgrades could send ripples, but not shock waves, throughout the economy.

Germany feels pressure of euro crisis

Jun 6, 2012
The credit rating agency Moody's downgraded seven German banks today, noting their exposure to Europe's debt problems and slower economic growth.

Moody's upgrades Ford debt

May 23, 2012
Six years ago, Ford lost billions when SUV sales stalled. It borrowed billions, and put up factories and its famous trademark as collateral. After a major restructuring, the automaker has earned an investment-grade rating from Moody's.

Do the ratings agencies need a downgrade?

Dec 8, 2011
Europe and the U.S. are both exploring new options for judging the value of debt after increasing threats of downgrade from agencies like S&P and Moody's.

For public good, not for profit.

Europe plans new rules for ratings agencies

Nov 15, 2011
The big credit ratings agencies -- S&P, Moody's -- faced enormous criticism in the United States for their role in the housing crisis. In Europe, many countries now say those same firms are feeding the debt crisis. So European regulators are pushing back.

Another round of downgrades

Sep 21, 2011
This final note today, which will come with a quiz at the end. Moody's, the ratings agency, downgraded three of the biggest big banks this morning...