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UPDATE 3-Fitch, S&P cut $40 bln in mortgage-linked CDOs

Story date: 2007-11-21 09:57:00
Added on: 2007-11-21 12:00:17


Reuters - (Adds second Fitch rating action on CDOs.) NEW YORK, Nov 21 (Reuters) - Derivative Fitch and Standard & Poor's on Wednesday cut their ratings on a combined $40 billion worth of securities linked to residential mortgages, reflecting the plunge in the ...


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