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S&P Downgrades $6.91B in CDOs

Story date: 2008-03-12 12:55:00
Added on: 2008-03-12 14:11:12


Forbes - ... said Wednesday it cut its rating on $6.91 billion in collateralized debt obligations, which are investments that funnel payments from a variety of types of loans. S&P is examining how it rates CDOs because many derive their payments from mortgage ...


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