Detailed text transcripts for TV channel - FOXNEWS - 20120622:14:39:00
1980. for some time we've known the financial sector has been below investment game. moody's is late to the game six most after s&p downgraded 15 local banks. the banks are coming back swinging, they have been using withering language attack being mood dees. they say it's as arbitrary, unwarranted, because their balance sheets are stronger. mood dees is saying we have a rocky neck recovery coming. citigroup is saying that they are asking for alternatives to the rating agencies, basically they are saying that our customers and investors are more sophisticated, you don't need the rating agencies...