Breaking News Alert The New York Times Thursday, June 21, 2012 -- 5:47 PM EDT -----
Moody’s Cuts Credit Ratings of 15 Big Banks Moody’s Investors Service has lowered the ratings of some of the world’s largest banks, including Bank of America, JPMorgan Chase, Citigroup and Goldman Sachs. The ratings agency said late Thursday that the banks were downgraded because their long-term prospects for profitability and growth are shrinking. Read More: http://www.nytimes.com/?emc=na Copyright 2012 The New York Times Company [so the bond ratings are finally honest?] -- Jim Devine / "As far as the laws of mathematics refer to reality, they are not certain; and as far as they are certain, they do not refer to reality." -- Albert Einstein _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
