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FDIC to Weigh Alternatives to Ratings for Debt, Securitizations

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Nov. 30 (Bloomberg) -- The Federal Deposit Insurance Corp.’s board will consider proposing alternatives to credit ratings for debt and securitization positions at a meeting in Washington next week.

The FDIC announced the Dec. 7 meeting in an e-mail statement today.

To contact the reporter on this story: Gregory Mott in Washington at gmott1@bloomberg.net

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net