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Credit rating agencies are again doing their somersaults. Standard & Poor’s revised AIG’s (AIG) credit rating to “developing” level. S&P believes the Fed credit of bln greater covers the near-term liquidity requirement.
The Bush administration held “scores of publicly reported meetings, at least one very secret series of negotiations. These negotiations have rarely been described in American press, even though they include the subject of a BBC documentary titled ‘Iran and the west.'” In 2006, the U.S. issued 300 visas for an Iranian leader to come and announce the suspension of Iranian nuclear enrichment, in return for ending sanctions. Securities and exchange commission’s. of State Rice awaited his arrival in New York, in vain (Michael Ledeen, Wall St. T., A23, Op.-Ed.).
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