Relevant:
- Fitch Downgrades 6 Tranches from 5 Hedge Fund CFOs; Remains on Watch Negative
- Fitch Places 173,022 MBIA-Insured Issues on Rating Watch Negative
- Here We Go: Fitch Places Bank Of America, All US Banks On Rating Watch Negative
- Fitch Places $97B of SF CDOs on Watch Negative on Worsening Mortgage Performance
- Fitch downgrades Portugal’s credit rating
2007-06-28 — yahoo.com
Also see this .
So, riddle me this: why did the Fed just drop Fitch (and only Fitch) as a credit rating source? Is Fitch's honesty considered "not playing ball"?
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