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To: BWAC who wrote (39632)5/16/2002 5:16:04 PM
From: E.J. Neitz Jr  Respond to of 53068
 
>>I think S&P has went off the deep end lately. << Just like the market went to extremes in both directions, the rating agencies are going to extremes. Saw the same thing during the banking (lending) crisis in the late 80's early 90's, when commercial real estate and business lending dried up as an over-reaction to easy credit that got the banks in trouble.