Tag: downgrade

Moody’s Downgraded Five of Six of the Biggest US Banks

Barney Frank, Ben Bernanke, Timothy Geithner Photo Credit - AP/Evan Vucci

I thought FrankenDodd was supposed to heal the whole financial services industry and make everything better for ever and ever. I guess Moody’s didn’t get the memo, seeing that the rating agency has downgraded a number of the world’s biggest…

Fitch Warns of Future Downgrade for US


While the politicians are playing political games and debating how much to increase the deficit, the ratings agency Fitch is considering joining S&P and downgrading the United States’ credit rating. Fitch Ratings on Wednesday warned again that the United States’…