Moody’s Downgrades 16 Spanish Banks

- Moody’s Downgrades 16 Spanish Banks, As Expected (ZeroHedge, May 16, 2012): As was leaked earlier today, so it would be: MOODY’S CUTS 16 SPANISH BANKS AND SANTANDER UK PLC MOODY’S CUTS 1 TO 3 LEVELS L-T RATINGS OF 16 SPANISH BANKS MOODY’S DOWNGRADES SPANISH BANKS; RATINGS CARRY NEGATIVE In summary, the highest Moodys rating [...] continue reading world news