Here's Why Everyone Is Freaking Out About Morgan Stanley's Downgrade More Than Any Other Bank's

couple freaking out scared

Photo: (in their latest 10Q) that if their rating is downgraded by 3-notches (to Baa2, which is two notches above junk) their collateral costs will balloon like crazy.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.