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)
Patriots Owner Kraft News Conference on Brady Ruling
02:10 - New England Patriots owner Robert Kraft and coach Bill Belichick speak at a news conference prior to the start of training camp Wednesday. Kraft ripped the National Football League over its decision to uphold a four-game suspension of quarterback Tom Brady over his involvement in the team's deflated-ball controversy. Belichick avoided comment on the subject. (Source: Bloomberg)
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