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Credit Ratings Cut for 3 Key US Banks

Posted September 21st, 2011 at 3:23 pm (UTC-5)
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The Moody’s financial services company has cut the credit ratings of three key American banks. Moody’s said Wednesday it cut the ratings for Bank of America, Wells Fargo and Citigroup because it thinks it is less likely than in the past that the U.S. government would bail them out if they got in financial trouble. […]

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