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GE stripped of top-tier credit rating (Reuters)

Started by riky, March 12, 2009, 06:57:50 PM

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riky

GE stripped of top-tier credit rating
    (Reuters)

 


Reuters - Standard & Poor's stripped General Electric Co  of its AAA credit rating, citing the performance of its finance unit, but its shares rose 13.7 percent as investors breathed a sigh of relief that the cut was not deeper.


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