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June 21, 2012

Moody’s Downgrade of 15 Banks Expected After the Bell

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Moody's could downgrade the debt ratings of as many as 15 global investment banks after the closing bell today, a move that would cost the banks billions of dollars in extra collateral. In February, Moody's announced it would review the ratings of 17 global investment banks and has already... FF News: Fundamental

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