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S&P cuts FGIC ratings to junk status
http://www.marketwatch.com/ news/ story/ sp-cuts-fgic-ratings-junk/ story.aspx?guid=...
SAN FRANCISCO (MarketWatch) -- Standard & Poor's on Friday cut its financial strength ratings on Financial Guaranty Insurance Co. and its holding company FGIC Corp. six notches because the firms have failed to re-establish themselves as viable operating
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