Moody’s downgrade gives edge to safe-haven banks

LONDON/NEW YORK (Reuters) – Major ratings downgrades by Moody's will further divide the world's biggest banks based on their strength and access to cheap customer deposits. The ratings, released Thursday by Moody's Investors Service, gave a competitive advantage t
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Fitch warns of U.S. downgrade if no budget deal in 2013 (Reuters)

Reuters – Fitch Ratings gave the United States until 2013 to come up with a “credible plan” to tackle its ballooning budget deficit before it downgrades the country’s coveted AAA rating. Yahoo! News: Business News
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Debt, Downgrade and Double Dip Throw CRE into a New Cycle of Uncertainty

Marty Busekrus, a senior associate investment properties for CB Richard Ellis | Capital Markets in Boca Raton, FL, got a call this past Monday morning from a potential office building buyer as mania struck the stock markets. The buyer, who has been trying to buy an office building fro
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