S&P slashes ratings on $5.7 billion of ABS CDOs

Story date: 2008-02-14 01:31:00
Added on: 2008-02-14 22:00:51

Reuters - ... structured finance CDOs tied mostly to residential mortgage-backed securities. Some of these securities fell from the agency's top "AAA" rating down to "CCC-plus," the seventh-lowest junk ... it will continue to "monitor the CDO transactions it rates and ...


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