BofA, Goldman, Citigroup Credit Ratings Cut by S&P

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Nov. 29 (Bloomberg) -- Bank of America Corp., Goldman Sachs Group Inc. and Citigroup Inc. had long-term credit grades downgraded to A- from A by Standard & Poor’s after the ratings firm revised its criteria for the banking industry. Bloomberg's Julie Hyman, Lisa Murphy and Adam Johnson report on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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