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  • Six Canadian banks get a one-notch downgrade from Moody's as high levels of consumer debt and bubbly housing prices leave the lenders "more vulnerable than in the past." The agency also notes banks' reliance on "confidence-sensitive wholesale funding, which is obscured by limited public disclosure." Among those cut: BMO, BNS, CM, TD[View news story]
    Again Moody's doesn't know what it is talking about!
    Jan 29, 2013. 04:49 AM | Likes Like |Link to Comment
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