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IPFS News Link • Economy - Economics USA

Bear Stearns Credit Rating Cut Three Levels, by Standard & Poor's

• Bloomberg
Bear Stearns credit rating was reduced 3 levels to BBB, the second-lowest investment grade, and may be cut further S&P said. Bear Stearns can't get capital regardless of its rating, Harding said. "What their rating is now is irrelevant,

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