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| Celtic Radio Community > Politics & Current Events > Moodeys Downgrades Three Major Banks |
| Posted by: Patch 21-Sep-2011, 02:10 PM |
| Moodys just announced the downgrade of Bank of America, Citi Bank and Wells Fargo. Their stocks fell 50%, 50% and 30% respectively. It certainly does look bad, especially since Moodys specificaly stated that BOA is NOT too big to fail! Slàinte, Patch |