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Tuesday, November 29, 2011

S&P downgrades credit rating of major banks

S&P downgrades credit rating of major banksS&P downgrades credit rating of major banks Ratings agency Standard & Poor's has downgraded the long-term credit grades of a string of major financial firms. Wall Street titans Bank of America and Goldman Sachs, along with Barclays, HSBC, and some firms in Germany and France were affected. ... S&P downgrades credit rating of major banks

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