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Fitch Lowers $30 Billion of Mortgage CDOs; S&P Cuts $5 Billion

Story date: 2007-11-21 01:39:00
Added on: 2007-11-21 18:00:19


Bloomberg - S&P said today it has downgraded $17.1 billion of CDOs backed either by home-mortgage bonds ``that have seen negative credit migration'' or by debt taken out by real-estate investment trusts, according to the statement. S&P said it's ...


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