“Rapid deterioration”: Moody’s cuts outlook for all U.S. banks

Erin Burnett OutFront

CNN

News

4.4 • 706 Ratings

🗓️ 15 March 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Sounding the alarm about America’s banks, Moody's downgrading its outlook for the entire banking sector warning of rapid deterioration. A senior chairman and former CEO of Goldman Sachs joins to discuss. Plus, a Russian fighter jet forces an American drone to crash into the Black Sea causing fears of growing escalation as the battle in Bakhmut intensifies further. Also, Florida Gov. Ron DeSantis does a complete 180, he now says backing Ukraine is not in America’s best interest. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:30.3	This March streamed Sky Sports Big Weekend on now.
0:34.1	F1 roars back to life with Hamilton's first racing red.
0:37.3	Newcastle and Liverpool clash in the
0:39.0	Carabout Cup final. Sunday is war to war with incredible football, including the old firm showdown
0:44.1	between Celtic and Rangers and a fierce London Derby as Arsenal host Chelsea. Then golfs
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0:56.8	18 plus UK only, broadband 2.5 megabytes per second required.
1:02.7	Out front next, sounding the alarm about America's banks.
1:05.9	Moody's downgrading its outlook for the entire banking sector, warning of rapid deterioration. This is the Justice
1:11.8	Department investigates Silicon Valley Bank and its CEO. My exclusive interview tonight with the
1:17.0	senior chairman and the former CEO of Goldman Sachs, Lloyd Blankvine, is next. Plus a Russian fighter jet
1:22.8	forces an American drone to crash into the Black Sea. Here's growing of escalation as the battle in Bakhmut intensifies further.
1:30.5	A Ukrainian soldier on the front lines is my guest tonight.
1:34.1	And Ron DeSantis does a complete 180.
1:36.3	The Florida governor now says backing Ukraine is not in America's best interest.
1:40.3	It is the opposite of what he said when he was in Congress.
	...

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