Purron
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 23, 2007
- Messages
- 5,596
Quote from the link from Bloomberg.com below:
"The downgrades leave Citigroup Inc. (C) and Charlotte, North Carolina-based Bank of America Corp. (BAC) as the lowest-rated banks among the 15 at Baa2, two levels above junk."
Credit Suisse Cut 3 Levels as Moody
This is scary stuff. BAC and C two levels above junk? Have we become too accustomed to the shock and awe of this economy? Where's my tin foil hat?
Someone please talk me down off the ledge....
"The downgrades leave Citigroup Inc. (C) and Charlotte, North Carolina-based Bank of America Corp. (BAC) as the lowest-rated banks among the 15 at Baa2, two levels above junk."
Credit Suisse Cut 3 Levels as Moody
This is scary stuff. BAC and C two levels above junk? Have we become too accustomed to the shock and awe of this economy? Where's my tin foil hat?
Someone please talk me down off the ledge....