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S&P Downgrade: No Surprise

Mon 08 Aug 11 | 06:10 AM ET
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S&P Downgrade: No Surprise

Mon 08 Aug 11 | 06:10 AM ET
"S&P have been signalling for some time that they were unhappy with the progress of the deficit, so in a sense it should not come as a surprise," William Rhodes, senior advisor at Citi and author of 'Banker to the World', told CNBC.

 
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