US CREDIT-Delphi's credit ratings under fire

Newswire

By Eric Burroughs NEW YORK, Sept 22 (Reuters) - Auto parts supplier Delphi Corp. may be on the verge of having its credit ratings cut by Moody's Investors Service after the agency warned on Tuesday, but for credit investors the bigger risk may come from another ratings agency. For several months Standard & Poor's has threatened to cut Delphi's rating to junk, holding it at BBB-minus with a negative outlook. Thus despite whatever negative action Moody's may take, the worry is any ...

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