S&P downgrades top US banks' credit ratings

NEW YORK (AP) — Standard & Poor's Ratings Services has lowered its credit ratings for many of the world's largest financial institutions, including the biggest banks in the U.S. Bank of America Corp. and its main subsidiaries are among the institutions whose ratings fell at least one notch Tuesday, along with Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley and Wells Fargo & Co.

news.yahoo.com...

I'm sure no one saw that coming Even though it's only a small downgrade, it doesn't look good.

reply to post by AnonATI


HAHAHAHAHAHAHAHA

That is all

^It's actually the US people who'll suffer, not the banks. Therefore I f@#king ♥ it!!!