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Saturday, March 19, 2011 4:43:12 PM
This report was prepared before the great credit crash which followed about two months later. Most asset backed securities became junk bonds over night.
Beside, there is still a nagging unanswered question.
How can a company have its securities rated before it was incorporated?
The Georgia State said the business was incorporated on October 10th, 2008 a few months after the ratings mentioned by S & P.
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