NYCB shares continue tumble after Moody's downgrades bank's credit rating to junk

[NewsFeeder]

NYCB shares continue tumble after Moody's downgrades bank's credit rating to junk

NYCB has been in freefall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash its dividend.

More @ CNBC...

 

[Bullitt]

Don't worry, regulators are telling us this is just a remote instance confined to this one bank.