Moody’s Downgrades Goldman Sachs (GS) Long-Term Senior Debt Ratings to A1 – 24/7 Wall St.

Moody’s Downgrades Goldman Sachs (GS) Long-Term Senior Debt Ratings to A1

Posted: December 16, 2008 at 10:23 am

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Moody’s Investors Service downgraded the long-term senior debt ratings of Goldman Sachs Group Inc. (NYSE: GS) to A1 from Aa3, excluding FDIC-guaranteed debt. The Aa3 deposit ratings of Goldman Sachs’ banking subsidiaries and all of its Prime-1 short-term ratings were affirmed. The outlook remains negative.

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