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Jan. 2, 2009 ...more

January 2, 2009

S&P Cuts Credit Rating Of 3 Securities Firms

Morgan Stanley, Merrill Lynch & Co. and Lehman Bros. Holdings Inc. plummeted in New York trading after Standard & Poor's lowered credit ratings for the investment banks, saying they may have to book more write-downs on devalued assets. ...more

June 3, 2008

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