Stocks Crash As Moody’s Prepares To Announce US Bank Downgrades
US stocks and commodities are hammered across the board as Moody’s is set to downgrade the credit rating of several major US banks to near junk status.
Stock markets and commodities sell off across the board with losses of up to 3% in the major stock market indexes ahead of the close as Moody’s is set to announce widespread downgrades of all major US banks at 4:00pm
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Good.I hope the bottom falls out but as usual it wont.Only wisful thinking.
Crash? The story said they were down 3%. As I see it that means they were still 97% solvent, hardly a crash. Although, it couldn’t happen to a nicer bunch of criminals.
they are NOT criminals, they are our MASTERS and we must submit to them comrade…..