Layoffs Watchs: Standard and Poor's

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From the files of the "maybe we never should've gotten into this in the first place" department: the RMBS group at the S&P has supposedly informed the would-be incoming Associate MBA class that their services are no longer required. Additionally, a "bunch" of research assistants, "some" MDs and one director have been downgraded from "career watch negative" to "dismissed."

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