6. What Risk?
I feel that Moody’s action is five years too late. […]The banking system is safer today than any time in the last 30 years. We have not seen capital levels like this since the 1930s.
— Gerard Cassidy, an analyst with RBC Capital Markets, after Moody's cut the credit ratings of 15 big banks.
Source: NY Times Dealbook.
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio