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Re: badgerkid post# 108737

Wednesday, 05/25/2005 1:27:21 PM

Wednesday, May 25, 2005 1:27:21 PM

Post# of 432922
Fitch downgraded GM bonds to junk status. They were the second agency to do it, so now they are officially junk. That's the main reason the market is down, even though it was widely anticipated.
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