Credit Agricole, Societe Generale Ratings Cut

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Sept. 14 (Bloomberg) -- Krishna Memani, director of fixed income at OppenheimerFunds Inc., discusses Moody’s Investors Service cutting the long-term credit ratings of Credit Agricole SA and Societe Generale SA by one level. Moody’s put the companies, along with BNP Paribas SA, on review for a possible downgrade on June 15, citing the risks posed by their investments in Greece. Memani speaks with Deirdre Bolton and Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)


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