Making Sense of the Moody’s Downgrades

June 21 (Bloomberg) -- Moody’s downgraded long-term debt ratings of 9 European, 5 U.S., and 1 Canadian banks by 1-3 notches, with no firm cut beyond original forecast. Bloomberg’s Erik Schatzker helps explain what the downgrades mean. (Source: Bloomberg)
Greece Calls on Creditors to Compromise
38:53 - Greece says its government has met the euro area and the IMF three-quarters of the way, so it’s time for creditors to compromise. Bloomberg’s Yvonne Man reports on “First Up.” (Source: Bloomberg)
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