S&P places 23 banks on CreditWatch with negative implications

Discussion in 'Wall St. News' started by MrDODGE, May 4, 2009.

  1. S&P places 23 banks on CreditWatch with negative implications
    3:17 p.m. 05/04/2009

    Standard & Poor's placed its ratings on 23 banks on CreditWatch with negative implications. The CreditWatch placements relate to an ongoing industry review and reflect companies S&P believes have at least a one-in-two likelihood of a one-notch or multiple-rating downgrade within 90 days. Names placed on CreditWatch with negative implications include: Associated Banc-Corp (ASBC), Astoria Financial (AF), BB&T (BBT), Bank of America (BAC), Capital One (COF), Citigroup (C), Citizens Republic (CRBC), Comerica (CMA), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), M&T Bank (MTB), PNC Financial (PNC), Regions Financial (RF), Susquehanna (SUSQ), US Bancorp (USB), Webster Financial (WBS), Wells Fargo (WFC), Whitney Holding (WTNY), and Wilmington Trust (WL)

    Things are getting more bullish!
     
  2. Thats bullish! who cares the market wants to rally.
     
  3. Your a loser.
     
  4. Go suck Obama's dick some more.
     
  5. Perfect timing...:D
     
  6. Daal

    Daal

    With this kind of stream of bad news the SP500 might hit 1000 this week