UPDATE 3-California probes credit rating agencies

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* California probes credit ratings of MBS * State sends subpoenas, response expected within a month * Agencies have no immediate comment on substance of issues (Adds Fitch comment, deputy AG comment) SAN FRANCISCO , Sept 17 (Reuters) - California AttorneyGeneral Jerry Brown issued subpoenas on Thursday to Standard &Poor's, Moody's Investors Service, and Fitch Ratings as helaunched an investigation of whether they broke state law withthe ratings they provided mortgage-backed securiti

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