Detailed text transcripts for TV channel - FOXNEWS - 20120612:15:27:00
Business network. so which banks are looking at the possibility of downgrades, liz and what's moody's saying about all this? >> reporter: out of the top 17 global banks we're looking at possible ratings downgrades. it could come later in the month. it could come also in two weeks time. bank of america, citigroup, morgan stanley, goldman sachs, jpmorgan chase, all face ratings downgrades and in fact what we're hearing from the banks is that, look, this is immaterial but they're saying also to fox business we do have to set aside more in what is called our cookie jar reserves, meaning our capita...
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