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Resource ID: #20391
Subject: Financial Investigations
Source: Wall Street Journal (New York)
Date: 1999-09-03


According to the article, "...Moody's Investors Service lowered by one notch its ratings on General American Life Insurance Co.'s debt and financial strength . ... The downgrading set off a chain reaction involving some unusual investments in which the company was participating. Within days,the fast-moving events had cost the 66-year-old company its independence."

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