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June 22nd, 2012
11:15 AM ET

Moody's bank downgrade: What it means

CNN's Ali Velshi talks to Wolf Blitzer about what it really means for account holders amid the recent Moody's downgrade.

RELATED STORY: Major banks downgraded by Moody's


Filed under: Economy • Europe • JPMorgan • Wall Street
soundoff (2 Responses)
  1. oliver El Paso, TX

    Business load are going to be very to get because of the down grade, underwriting will be hard on all loans, slowing down the economic more down more and creating more unemployment.

    June 23, 2012 at 12:43 pm |
  2. Doug Ericson

    There is never any good news associated with downgrades. Its bad news, and usually an indicator that more bad news is to follow. Thats been my experience.

    June 22, 2012 at 3:52 pm |

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