Moody's Downgrades Ratings For Two French Banks

Moody's downgraded the credit ratings of French banks Societe Generale and Credit Agricole following a period of huge volatility in the markets as investors fretted about their potential exposure to the debts of Greece. The leaders of France, Germany and Greece were due to discuss the crisis on Wednesday.

Source: http://www.npr.org/2011/09/14/140459919/moodys-downgrades-ratings-for-two-french-banks?ft=1&f=1004

newt gingrich