VIDEO
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by
Reuters
Banks Brace for Likely Downgrade
VIDEO DESCRIPTION:
It could be the next shoe to drop- though it won't be a surprise. Moody's is expected to downgrade the ratings on a slew
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of U.S. banks, including Morgan Stanley, Citigroup, Goldman Sachs, JP Morgan, B of A and Wells Fargo. A downgrade could keep some investors on the sidelines. For example money market funds are limited to a certain tier rating.
Posted: 06/11/2012
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Views: 1,430
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Duration: 02:00
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