Shaky Big Banks: Goldman Sachs and Citigroup Face Ratings Drop
Written by Gary North on February 23, 2012
This will cheer you up. Moody’s is planning to downgrade Goldman Sachs and Citigroup. Too bad it’s three years too late. But better late than never. The announcement that 17 banks and securities firms that have exposure to global capital markets will be reviewed for potential rating downgrades by Moody’s Investors Service (NYSE:MCO) has renewed […]
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