Relevant:
- Twelve Major Banks Have Credit Ratings Cut by S&P
- Fed To Use Jacked-Up Capital Requirements To Make It Painful For Banks To Stay Big
- China May Tip World Into Recession: Morgan Stanley
- Goldman Cuts Blankfein's Pay to $22 Million for 2016, Scraps "Opaque" Long-Term Incentive Plan
- The Contagion Deutsche Bank Is Spreading Is All About Derivatives
2008-12-19 — bloomberg.com
"“The downgrades and revised outlooks reflect our view of the significant pressure on large complex financial institutions’ future performance due to increasing bank industry risk and the deepening global economic slowdown,†S&P said in a statement."
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