Thread: A note of caution for those with deposits in US Banks
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Old 11-02-2008, 12:50 AM   #7 (permalink)
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Quote:
Originally Posted by bkkandrew
This week, Fitch Ratings announced that it will (probably) cut ratings on the 5 main bond insurers (Ambac, MBIA, FGIC, CIFG,SCA)
Its a mess, even the ratings companies themselves are under scrutiny by the SEC for "waiting too long to cut ratings"

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