moodys down grades big banks

[Don Quixote]

this does not make me feel better about the too big to fail banks

http://news.yahoo.com/moodys-sees-big-banks-risks-outsized-losses-040708957--finance.html

 

[Rune]

Nobody? Fiddle while we burn I guess.

 

[Banned]

Interesting since Moodys rated the junk packages that helped create this mess as Low risk. AAA?

Now that the banks bought/sold them......
And the gummit bought many toxic "assets"....