Credit Agency Ratings
On October 26, 2012, rating agency Moody’s Investors Service said that it is reviewing the long-term ratings of the Bank of Montreal because of concerns about consumer debt levels, housing prices, and a sizable exposure to capital markets.
Read more about this topic: Bank Of Montreal
Famous quotes containing the words credit and/or agency:
“There is nothing less to our credit than our neglect of the foreigner and his children, unless it be the arrogance most of us betray when we set out to americanize him.”
—Charles Horton Cooley (18641929)
“It is possible that the telephone has been responsible for more business inefficiency than any other agency except laudanum.... In the old days when you wanted to get in touch with a man you wrote a note, sprinkled it with sand, and gave it to a man on horseback. It probably was delivered within half an hour, depending on how big a lunch the horse had had. But in these busy days of rush-rush-rush, it is sometimes a week before you can catch your man on the telephone.”
—Robert Benchley (18891945)