GLENDALE -- Fremont General Corp. (NYSE: FMT) Nov. 8 announced that it lost more than $85 million in the third quarter ended Sept. 30. Thus began another downward spiral for the company's stock. In the days following no less than three major credit rating agencies either downgraded or put on watch, Fremont's ratings. The stock, which was trading at around $8.50 a share before the announcement, crashed down 40 percent to $5 a share at the c
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