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A summer many investors would rather forget

It was a stomach-churning summer that most investors would like to forget.

By David K. Randall | Updated on September 30, 2011

NEW YORK (AP) — It was a stomach-churning summer that most investors would like to forget.

The United States lost its top-of-the-line credit rating for the first time. The financial system of Europe seemed ready to collapse. Money managers sifted through data for signs that the economy was about to slide into a new recession.

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