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Questioning the US Government's Rating

Fri 19 Sep 08 | 01:05 AM ET
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Questioning the US Government's Rating

Fri 19 Sep 08 | 01:05 AM ET
When noting the figures amounted in the bailouts of AIG, Bear Stearns, Freddie Mac and Fannie Mae, on top of a budget deficit over $400 billion, in a weak economic environment, one questions the US government's 'AAA' rating, James Shugg from Westpac Bank said.

Topics:

Economy (U.S.)  | Politics and Government  | Stock Market  | Wall Street Banks

Sectors:

 | Financial Services
 
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