Moody’s new thermometer for ailing banks

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Does the downgrade account for nearly $20 trillion in 'Off Balance Sheet Business', reported by the RBA? How much of this $20 trillion is asset and how much liability?

Moody's will downgrade faster once it becomes evident that our inflated real estate bubble is popping. Record profits can quickly turn to record losses for banks.

Why on earth should authorites protect deposits under $250k, rather than every depositor and creditor taking the same percentage haircut in a solvency crisis? Advertise that and I know what I'd do with a million dollars to deposit and the question then remains as to whether borrowers should have their debts upped by the same percentage, lest everyone a borrower rather than a lender be.