Los Angeles Times | June 21, 2012 | 2:26 PM
Moody's Investors Service today downgraded major U.S. banks as part of a review of how Europe's sovereign debt crisis is hurting the financial industry.
Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among the companies whose ratings were cut.
Partly in anticipation of the downgrade, stocks nose-dived earlier on Wall Street, with the Dow sinking 251 points.
For the latest information go to www.latimes.com.
You can now receive breaking news alerts on your mobile phone. Text "Breaking" to LANOW (52669). Standard message and data rates apply.
California and the world: Visit http://www.latimes.com for up-to-the-minute news.
Follow @LATimes on Twitter: http://twitter.com/latimes
Connect with the L.A. Times on Facebook: http://facebook.com/latimes
Sign up for more email newsletters: http://latimes.com/newsletters
About this communication:
You are receiving this email because you opted to receive Breaking News Alerts from the Los Angeles Times.
You're currently subscribed to Los Angeles Times Breaking News with the address email@example.com. If you'd like to unsubscribe, please click here: http://ebm.cheetahmail.com/r/webunsub?t=BP45JaB8hLWGB8jqIpAAAuFQnQfirstname.lastname@example.org&n=1