Moody’s cuts rating on 33bn of risky loan products

On July 20, 2009, in Banks & Finance, Moodys, collateralised, debt, derivatives, obligations, rating agency, by Banks and Finance

One of the main creditrating agencies which was accused of failing to warn investors of the credit crisis has downgraded 33bn £20bn of risky loan products.

One of the main creditrating agencies which was accused of failing to warn investors of the credit crisis has downgraded 33bn £20bn of risky loan products.
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