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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (61549)	11/30/2000 3:33:36 PM
From: Ahda	Read Replies (1) \| Respond to of 116943

Will you kindly excuse the intrusion into your and rarebirds intimate conversation, but I think this is interesting. Thursday November 30, 3:14 pm Eastern Time Corporate credit quality in steep slide-Moody's By Jonathan Stempel NEW YORK, Nov 30 (Reuters) - U.S. corporate credit quality is in one of its most pronounced declines since the 1991 recession, and that decline is likely to continue, credit rating agency Moody's Investors Service said in a new report. Since the end of September, rating downgrades are exceeding upgrades among investment-grade, or higher-quality, companies by more than three-to-one, Moody's said. Among junk-rated companies, or those rated below investment-quality, the downgrade-to-upgrade ratio is more than 4.5 to 1, it said. Those ratios, Moody's said, ``resemble 1990-1991's nadir.''