UPDATE 1-Moody's doesn't see downgrading GM, Ford-tied CDOs


(Adds background) NEW YORK, Aug 31 (Reuters) - Moody's Investors Service said on Wednesday it does not expect to downgrade any U.S. collateralized debt obligations based only on its downgrades of General Motors Corp. and Ford Motor Co. to junk status. "Such isolated downgrades are normal and expected from time to time and generally would not impact a CDO's credit rating," Moody's said in a statement. Collateralized debt obligations are securities based on a pool of assets or referenced ...

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