Moody's Warns More Credit Downgrades Are Coming

from National Public Radio

The U.S. rating agency Moody's announced Thursday morning more downgrades are on the horizon — this time for nearly 20 global banks and dozens of additional European firms. Names like Morgan Stanley and UBS could see their long-term credit ratings affected. It's another indicator of the wide reach of Europe's debt crisis.

Broadcast Dates

• Morning Edition, February 16, 2012