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obligations of banks and bank holding companies with short-temt debt ratings of at least A-I by Standard & Poor's Ratings Services (-S&P"), P-I by Moody's Investors Service. Inc. ("Moody's") and Fl by Fitch, Inc. ("Fitch"), as further described under "Investment Policy". Each such obligation will take the form of comme
rchase certain corporate obligations and short-term obligations of banks and bank holding companies with short-temt debt ratings of at least A-I by Standard & Poor's Ratings Services (-S&P"), P-I by Moody's Investors Service. Inc. ("Moody's") and Fl by Fitch, Inc. ("Fitch"), as further described under "Investment Policy". Each
e companies that they follow, including us, as well as their evaluations of the financial services industry as a whole. For example, in March 2015, Moody's Investors Service published its revised methodology for rating banks globally, and, in December 2015, Standard & Poor's Ratings Services ("M") removed the government
a whole. For example, in March 2015, Moody's Investors Service published its revised methodology for rating banks globally, and, in December 2015, Standard & Poor's Ratings Services ("M") removed the government support assumptions on the eight U.S. global systemically important banks, including us, which resulted in a one- notch
iginated by Fremont General had EPD rates 35 EFTA00316763 Case 1:08-cv-02793-RWS Document 102 Filed 02/27/09 Page 51 of 347 higher than 5%. See Moody's Investors Service, 2006 Review and 2007 Outlook: Home Equity ABS, January 22, 2007, p. 12 at Figure 14. 2. Bear Stearns' Deception Begins 149. Despite this inesca
ay cause a slowdown in its investment banking operation." The Company's stock fell $6.03 as a result, closing at $121.22. 228. On August 3, 2007, Standard & Poor's Ratings Services said it had revised its outlook on Bear Steams from stable to negative. Notwithstanding the Company's denials, the ratings firm explained that "Bea
Entities connected to both Moody's Investors Service and Standard & Poor's Ratings Services

Jeffrey Epstein
PERSONStandard & Poor's
ORGANIZATION
Moody's
ORGANIZATION
New York
LOCATION
United States
LOCATION
United Kingdom
LOCATION
Samantha Power
PERSON
Federal Reserve
ORGANIZATION
Fitch
ORGANIZATIONLeon Black
PERSON
Credit Suisse
ORGANIZATIONthe State of New York
LOCATIONCitigroup Global Markets Inc.
ORGANIZATION