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Lower ratings can cut the value of existing bonds and raise future borrowing costs.
The next day, investors cut the value of Homestore shares by more than half.
Such a plan would effectively cut the value of Greek bond holdings.
One office at the E.P.A. cut the value of life in 2004.
The investigation has damaged the Firestone brand name and helped cut the value of Bridgestone's share by more than half.
The renegotiated deal would cut the value of the acquisition by half, they said, to roughly $4 billion.
Investors are being hurt too - GM is proposing to cut the value of its corporate bonds by two-thirds.
He has cut the value of the minimum wage and cut the working tax credits that top up poverty wages.
Investors have cut the value of the social networking giant by about $50 billion in the past two days.
But falling financial markets have cut the value of Norway's overseas investments and somewhat reduced the government's room for manoeuvre.
The broad market sell-off cut the value of the two other bids for Transatlantic even further.
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CEO of Professional Science Editing for Scientists @ prosciediting.com