Credit Writedowns
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ratings agencies
GM drops to 53-year low
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S&P downgrades BofA
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Structured Credit downgrades
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MBIA pulls the plug on its insurance arm
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MBIA, Ambac, $1 Trillion of Debt, Lose S&P AAA Rating
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S&P cuts ratings of big U.S. banks
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Question: How is Fannie Mae a AAA company?
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