After Moody’s Downgrades, Time To Buy The Banks?
- Friday, June 22, 2012, 20:51
- Market
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The stock market treated long-awaited downgrades of 15 global banks with relief rather than fear Friday, lending some credence to the sentiment that the ratings cuts from Moody’s have been priced in since the firm announced its review in February.
http://www.forbes.com/sites/steveschaefer/2012/06/22/after-moodys-downgrades-time-to-buy-the-banks/
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