http://www.businessinsider.com/downgrade-watch-five-us-banks-will-be-hit-in-moodys-cuts-2012-6
thank sally, my ows tent b uddy, for the hot tip!
Moody's Ratings is set to downgrade the world's largest banks after the closing bell, according to new reports out of CNBC.
The network says sources tell it Citi, J.P. Morgan Chase, and Goldman Sachs will be hit with two notch downgrades.
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Bank of America is expected to be cut one notch by Moody's.
Morgan Stanley, which is also on the list of banks Moody's said it would take action against, could be cut by as much as three notches.
Reuters has also reported that the downgrades are expected after U.S. markets close.
Nine European banks are expected to be included in the downgrade, which earlier reports noted would include Barclay's, UBS, HSBC, Lloyd's, and RBS.
"Our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil" -Ephesians (Paul)
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