Moody's Bank Downgrades `Obscene Act,' Bove Says

June 22 (Bloomberg) -- Richard Bove, an analyst at Rochdale Securities, talks about Moody’s Investors Service's decision to downgrade 15 banks and the outlook for financials. Bove speaks with Tom Keene and Ken Prewitt on Bloomberg Television's "Surveillance." William Rhodes, chief executive officer of William R. Rhodes Global Advisors LLC, also speaks. (Source: Bloomberg)