Moody's Takes Ax To Bank Ratings: Two-Notch Cut For Morgan Stanley |
| June 22, 2012 | June 2012 Bond Updates |
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Update: The rating cuts from Moody's are official, and the cut to Morgan Stanley was not the three notches feared, but two notches, sending shares 3.9% higher in after-hours trading. |
| View more at: http://www.forbes.com/sites/steveschaefer/2012/06/21/banks-take-a-beating-as-moodys-readies-threatened-downgrades/ |
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