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16 September, 2008 / Erik

Tuxedo Hill

From a Reuters item about the AIG meltdown:

Moody’s Investors Service cut AIG’s rating to A2 from Aa3, a two-notch downgrade. Standard & Poor’s Ratings Services lowered the rating to A-minus from AA-minus, a three-peg reduction and Fitch Ratings reduced its standing to A from AA-minus, a two notch cut.

High Finance has a sense of humor after all.

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One Comment

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  1. Louis / Sep 16 2008 10:40 pm

    God, what do you have to do to get a B? Kill a judge?

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