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Moody's downgrades BofA, Wells Fargo and Citibank

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MMM
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Moody's downgrades BofA, Wells Fargo and Citibank Sept 22, 2011 6:16:54 GMT 4

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Post by MMM on Sept 22, 2011 6:16:54 GMT 4

Moody's downgraded Bank of America (BAC, Fortune 500)'s long-term debt two notches to Baa1, Wells Fargo (WFC, Fortune 500)'s long-term one notch to A1, and Citigroup (C, Fortune 500)'s short-term debt one notch to Prime-2. Moody's offered a negative outlook for all three.

ukipa Master New email address: UKIPAMANAGEMENT@GMAIL.COM Posts: 847	Moody's downgrades BofA, Wells Fargo and Citibank Sept 22, 2011 19:28:27 GMT 4 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by ukipa on Sept 22, 2011 19:28:27 GMT 4 That hurts!