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Moody’s, S&P issue warning to US on bond ratings

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Greece is the word, is the word, is the word ...


Mind you, these are the same bond-rating agencies that Congress has blamed for the financial collapse in 2008 for being too lenient with their credit ratings — specifically, on those holding government-endorsed mortgage-backed securities, or derivatives directly or indirectly related to them.  Now Moody’s and S&P are setting off alarms over the debt ratios of [...]

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