From businesswire.com
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Summer Solstice
The summer solstice is the day of the year with the longest daylight period and hence the shortest night
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed one and downgraded four classes of notes issued by Solstice ABS CDO III, Ltd. (Solstice III) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in August 2008. Approximately 78.9% of the portfolio has been downgraded since the last review. The details of the rating action follow at the end of this press release. The downgrades to the portfolio...
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