Moody's lowers its long-term credit rating on Goldman Sachs (GS) one notch to A1 from Aa3 post...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor
Moody's lowers its long-term credit rating on Goldman Sachs (GS) one notch to A1 from Aa3 post earnings, citing increased credit-market vulnerability, the likelihood GS creditors will be subordinated, and a "persistent difficult operating environment." Shares +3.7% premarket.