In the same issue, the headline on an article about Standard & Poor's Corp. downgrading the debt of Bankers Trust New York Corp. erroneously implied that S&P had also taken new ratings action on J.P. Morgan & Co. debt. As the article made clear, the agency had merely reiterated that it was studying the possibility of a downgrade for Morgan.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.