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Moody's had downgraded more than three-quarters of C.D.O.
"Do I wish I had downgraded it sooner?
Within 24 hours, several analysts had downgraded WebMD's stock.
It was the first time S.& P. had downgraded Japanese government debt since 2002.
Standard & Poor's had downgraded Greece weeks earlier, but Fitch waited until January 2011.
By then, Moody's had downgraded the securities — ostensibly because of the credit crisis.
The pair announced they had downgraded the chain's credit rating to just one notch above junk.
The day before, Moody's had downgraded more than $2.5 billion of the city's debt, citing its lack of cash.
Before the press conference ended, Moody's Investors Service had downgraded G.M.'s credit rating deeper into junk status.
By his second season he had downgraded to Tyson Chandler as his most comparable 20-year-old.
By then, S.& P. had downgraded Enron's debt to junk status, accelerating up to $3.9 billion in debt payments.
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