You're now on the archive server. Commenting has been disabled.

Citi About to Bear the Brunt of Moody's Anger

Tyler Durden's picture




Tha company has been put under review for a downgrade by Moody's.... What can you say - always one step ahead of the crowd. Their Prime Rating is most at risk at A-2. If this gets whacked several notches, no more access to commercial paper... Oops

*********UPDATE**********

Moody's just downgraded Banc of America/Merrill Lynch senior rating to A1 from Aa3. Kinda like Lehman was rated A1 on the day of its bankruptcy.




Similar Articles You Might Enjoy:

Do NOT follow this link or you will be banned from the site!