UPDATE 2-Lehman to include Fitch for credit index rules

Newswire

(Adds byline, recasts, adds background) By Dena Aubin NEW YORK, Jan 24 (Reuters) - Lehman Brothers on Monday revamped the rules for its widely followed high-grade credit index in a move that will allow General Motors Corp. to stay in the index if only one ratings agency downgrades it to junk. Under the new rules, Lehman will use the middle rating from three agencies -- Fitch Ratings, Standard & Poor's and Moody's Investors Service -- to decide what bonds go into its high-grade ...

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