A Sober New Reality in Credit Downgrades for Banks – CNBC.com
 CNBC.com |
A Sober New Reality in Credit Downgrades for Banks
CNBC.com When a consumer's credit score drops, it is hard to recover financially. Wall Street firms could face the same fate. Goldman Sachs In other words, the downgrades reflect the new sober era for Wall Street. Since Moody's put the banks on warning in … When ratings are cut, bank customers suffer Moody's downgrades $ 64 billion of US muni debt In Banks' Downgrade, Not Much to Worry Consumers |
