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"My reaction is that it's a scurrilous article, " Giuliani said today after appearing at the New York Stock Exchange.
CNN: Navigation
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Rice called Clarke's allegations "scurrilous" and made the rounds of news shows last week to challenge his credibility.
CNN: Rice: 'Nothing to hide' from 9/11 commission
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Sir Nick has dismissed the rumours as scurrilous but with the markets already nervous of Ford's prospects, they are unlikely to help his credibility, or the company's share price.
BBC: Ford's finances under scrutiny