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President of Standard & Poor's Deven Sharma (R), President and Chief Executive of Fitch Ratings Stephen Joynt (L), New York Attorney General Andrew Cuomo (2nd L), Chief of the Investor Protection Bureau David Markowitz (C) and Chief Operating Officer of Moody's Investors Service Michel Madelain (2nd R) announce an agreement made with the three rating agencies to change their practices regarding residential mortgage backed securities, in New York June 5, 2008. REUTERS/Chip East (UNITED STATES)
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