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S&P threatens downgrade of U.S. financial companies
Standard & Poor's on Friday raised the pressure on debt negotiators in Washington, saying it could downgrade insurers, securities clearinghouses, mortgage agencies and a laundry list of other firms without a deal soon to lift the U.S. debt ceiling and cut the deficit. While S&P had already made clear it could downgrade the United States's sovereign credit rating, the Friday move struck directly
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