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To: fight_truth_decay
It's also worth noting that two of the other big three rating agencies did not downgrade the U.S.'s credit rating...YET!
5 posted on 08/05/2011 7:42:34 PM PDT by Road Warrior ‘04 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Bushbacker1
"The regulatory agencies responded saying there would be no change for risk-based capital purposes for financial institutions."

Bank Failure #63: Bank of Whitman, Colfax, Washington
Bank Failure #62: Illinois ,,,, and the sixth in Illinois...this year...

http://www.calculatedriskblog.com/

Earlier: Misc: S&P Plans U.S. Downgrade, makes math error, ECB to Buy Italian Bonds

A few stories ...

20 posted on 08/05/2011 7:57:34 PM PDT by fight_truth_decay
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