Moody's downgrades WaMu Ratings; outlook negative - Rating Action - 2008/09/11 - Moody's Global Credit Research

Report title: Moody's downgrades WaMu Ratings; outlook negative

from Moody's Global Credit Research
1643 word report published Sep 11, 2008

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Global Credit Research Rating Action 11 SEP 2008 Rating Action: Washington Mutual Preferred Funding Trust IV Moody's downgrades WaMu Ratings; outlook negative New York, September 11, 2008 -- Moody's Investors Service downgraded the...

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Rating Action

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Bank United; Providian Capital I; Providian Financial Corporation; ...

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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