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Assured, FSA Lose AAA Ratings at Moody’s 

Nov 24, 2008By

And then there was one and none — one, meaning only one remaining AAA-rated monoline bond guarantor; and none, meaning none of the guarantors that started 2008 rated AAA currently carry the rating at each major agency. Moody’s Investors Service yanked its top ratings on both Assured Guaranty Ltd. and Dexia SA’s Financial Security Assurance Inc. on Friday, as a new criteria and industry outlook affected the core ratings at each firm.

3d rendering of a row of luxury townhouses along a street

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