Moody’s Cuts Credit Ratings For 15 Major Banks

By Igor Bobic

June 21, 2012 1:54 p.m.

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The credit rating agency Moody’s Investors Service has lowered the ratings of 15 major banks, including Bank of America, JPMorgan Chase, Citigroup and Goldman Sachs, reports the AP.

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Igor Bobic (@igorbobic) Igor Bobic is the assistant editor of Talking Points Memo, helping oversee the site's coverage of politics and policy in Washington. While originally from Bosnia and Herzegovina, Igor feels best at home on the beaches of Southern California. He can be reached at igor@talkingpointsmemo.com.

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