Moody's Warns More Credit Downgrades Are Coming | WAMU 88.5 - American University Radio
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Moody's Warns More Credit Downgrades Are Coming

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The U.S. rating agency Moody's announced Thursday morning more downgrades are on the horizon — this time for nearly 20 global banks and dozens of additional European firms. Names like Morgan Stanley and UBS could see their long-term credit ratings affected. It's another indicator of the wide reach of Europe's debt crisis.
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