Wednesday, September 21, 2011

(Reuters) - Moody's Investors Service lowered debt ratings for Bank of America Corp, Citigroup Inc and Wells Fargo & Co on Wednesday, saying the U.S. government is getting less comfortable with bailing out large troubled lenders...

No surprise here because we all know what the business of big banks is and that is tripping up customers into incurring overdraft fees. And they gain this from Americans who can least afford to give it. And we wonder why our standing around the world is sinking.


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