Thursday, June 21, 2012

Do you still believe Moody's?

They downgraded 15 mega banks today: Citigroup, Bank of America, Morgan Stanley, JPMorgan Chase, Goldman Sachs, Credit Suisse, Deutsche Bank, UBS, HSBC, Barclays, BNP Paribas, Credit Agricole, Societe Generale, Royal Bank of Canada, and Royal Bank of Scotland. 

Should this have been done months ago?

No comments: