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NewsWhore
08-01-2011, 12:50 PM
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Goldman, Morgan Stanley Trading Would Suffer in U.S. Downgrade, Hintz Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHAfDvw_z98PnfU8Xmz1v1VQAWk-A&url=http://www.bloomberg.com/news/2011-08-01/goldman-morgan-stanley-trading-would-suffer-in-u-s-downgrade-hintz-says.html)
Bloomberg
A downgrade will bring a “never before experienced” environment with changing rates, currency-market volatility and widening credit spreads, Hintz wrote in a note to investors today. “This environment will negatively impact trading revenue, ...

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