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Moody's: Morgan, Goldman Outlooks Darken
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Updated from 2:24 a.m. EDT
Morgan Stanley's (MS Quote) credit rating may be cut by Moody's Investors Service, and the outlook on Goldman Sachs' (GS Quote) credit rating was lowered to negative by the ratings agency.
Moody's placed Morgan Stanley's A1 long-term credit rating on review for a downgrade. The outlook on Goldman's Aa3 rating was lowered to negative.
Shares of Morgan Stanley were falling 18% to $10.20 Friday morning, while shares of Goldman were off 6.6% to $94.63. ...
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