Moody's cuts BofA, Wells Fargo and Citi ratings !!!!

[แงซาย]

http://finance.yahoo.com/news/Moodys-cu ... et=&ccode=

[แงซาย]

it has become less likely that the U.S. government would step in and prevent the three lenders from failing in a crisis.

[แงซาย]

The cuts also stem partly from new laws taking effect under the Dodd-Frank Wall Street Reform Act. The new law ended the possibility of the government bailing out a large financial firm and created a process that would allow a financially troubled bank to fail and liquidate its assets.