Moody's Keeps Busy

Credit rating agency Moody's warned that it could downgrade the credit rating of 17 global banks and 114 European banks. Moody's noted that several of the downgrades could be three notches, and that France, Great Britain, and Austria could lose their AAA credit rating. http://www.reuters.com/article/2012/02/16/us-moodys-europe-idUSTRE81E2I820120216