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Moody's cuts Chrysler bonds further into junk status

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NEW YORK, Aug 7 (Reuters) - Moody's Investors Service downgraded ratings of Chrysler LLC further into junk status and said they may still cut them further.

Moody's lowered Chrysler's ratings one level to "Caa1," or seven levels below investment grade, from "B3" and also lowered the ratings of DaimlerChrysler ...

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