But these clients, to protect themselves, may now demand better terms with downgraded banks, like increased collateral.
Greece also seems to have downgraded its demand for an immediate commitment from creditors to debt forgiveness – instead this issue will be returned to after the immediate deal is done.
But when Macquarie, a competing investment bank, issued a report on Dec. 13 that highlighted "structural risks" to demand for iPhones and downgraded its rating on Hon Hai's stock, a flurry of internal e-mails began to fly within Citigroup, questioning Mr. Chang on the new numbers.
(b) Informally: Even without Treasury bonds being formally downgraded, investors might demand higher returns in exchange for the new perceived risk of Treasury bonds.
While only a proposal, the plan would allow the Iranians to claim that they did not compromise on vows that they would never emasculate their enrichment capabilities, while keeping intact American demands that the programme be downgraded to a point where it could not be quickly turned to making bombs.
The semistatic analysis (Table 3) leads to estimates for Szz that are higher in DOPC than in DLPC, seemingly because the relatively smaller tilt angles in DOPC do not demand a downgrade of Szz during the fitting process.
The main institutional practice of Congress--that of holding government accountable--was downgraded to meet the demands of payback and revenge.
Caris & Company downgraded ten companies, citing weakening demand.
OPEC's researchers recently downgraded their forecasts for global oil demand because of the financial crisis.
"Even if a private company downgraded, U.S. treasury bills are in demand from the world," Economics Minister Kaoru Yosano said.
Outside technology, shares in General Motors fell $2.59, to $53.75, while Ford Motor dropped 75 cents, to $15.73, after Morgan Stanley downgraded the stocks, citing concerns about consumer demand.
