Moody's has slashed the ratings of fifteen of the biggest banks in Europe and the U.S. in the latest slap in the face to the ailing financial sector. Those hit include Goldman Sachs, Morgan Stanley, Royal Bank of Scotland and Deutsche Bank - financial powerhouses domestically and internationally. The move could make it more expensive for the banks to attract funds. It's also feared the downgrades could trigger fresh market panic, and a new exodus to gold. For more analysis RT talks to RT's financial guru Max Keiser, who joins us from the International Economic Forum in St. Petersburg.. Follow Max Keiser on Twitter: http://twitter.com/maxkeiser Watch all Keiser Report shows here: http://www.youtube.com/playlist?list=PL768A33676917AE90 (E1-E200) http://www.youtube.com/playlist?list=PLC3F29DDAA1BABFCF (E201-current) Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Google+ http://plus.google.com/b/102728491539958529040 RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.