By Steven Ely Unless they are in trouble, most people don't wake up in the morning thinking about credit. Not even me, and I've spent much of my care...
Brad Lander | Posted 05.17.2012
Many employers in New York City and across the country routinely use credit reports to discriminate against job applicants with poor credit histories. This puts people in a cruel Catch-22.
The Huffington Post | Bonnie Kavoussi | Posted 04.16.2012
You can't get a credit card if lenders think you're dead. Bea Cohen, 81, of New Jersey, has been denied credit for years because credit rating agen...
AP | Posted 05.13.2012
NICOSIA, Cyprus — International credit ratings agency Moody's downgraded euro member Cyprus to junk status Tuesday on heightened concerns over i...
Reuters | Posted 04.29.2012
* Ilya Eric Kolchinsky may pursue retaliation claim * Moody's wins dismissal of defamation, other claims * Kolchinsky we...
Dennis Santiago | Posted 04.07.2012
Simply put, with zero interest rates pushing operating margins down to nothing, the only thing starving bankers have left to do to survive the drought is cannibalize the industry.
Reuters | Posted 03.31.2012
* S&P says MF Global touted capital, liquidity strength * One week after email to S&P, MF Global failed * House lawmaker...
Posted 01.18.2012
Government oversight of the $3.7 trillion market for municipal securities, wracked by several high-profile cases of fraud and bid-rigging, is inadequa...
Mohamed A. El-Erian | Posted 03.14.2012
The chatter on Friday's downgrades of European sovereign ratings debt is all over the place. Here is an attempt to provide a guide to the multifaceted implications.
AP | By PAN PYLAS | Posted 01.10.2012
LONDON -- A number of euro countries, including Italy, could see their credit ratings downgraded by the end of this month as they struggle to cope wit...
Posted 12.29.2011
Standard & Poor's placed Sears Holdings Corp's credit rating on review for a possible downgrade on Wednesday, saying the retailer's plan to close ...
Posted 12.23.2011
The half a trillion euros the European Central Bank pumped into the financial system buys hard-hit banks valuable time but will not in itself prot...
Posted 12.22.2011
NEW YORK (Daniel Bases) - Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining t...
AP | The Associated Press | Posted 02.20.2012
Standard & Poor's Ratings Services on Wednesday downgraded Hungary's credit rating to "junk" level because of worries about proposed policy changes re...
AP | Posted 12.15.2011
LONDON -- Fitch Ratings on Wednesday downgraded the debt ratings for five major European commercial banks and cooperative banking groups, citing the e...
Posted 11.30.2011
Dutch cooperative bank Rabobank lost its cherished triple-A rating from Standard & Poor's as the global banking crisis finally caught up with the ...
AP | EILEEN AJ CONNELLY | Posted 01.29.2012
NEW YORK — Standard & Poor's Ratings Services has lowered its credit ratings for many of the world's largest financial institutions, including t...
Frank A. Weil | Posted 01.29.2012
The bond markets do not need their views to make assessments of the situation. The markets by themselves are the best indicator of what everyone needs and wants to know.
Posted 11.28.2011
A German regional court has opened the door to an investor law suit against credit rating agency Standard & Poor's over its assessment of Lehman B...
Posted 11.26.2011
(Jonathan Stempel) - A federal judge has said credit ratings are not always protected opinion under the First Amendment, a defeat for credit ratin...
Max Fraad Wolff | Posted 01.22.2012
We find ourselves several years into a wheezing, anemic "recovery." Public patience has been lost. As colder winds and shorter days make themselves felt, there seems a tangible shiver running down the collective spine.
Posted 11.16.2011
A European Union plan to impose tougher rules on credit rating agencies is "dangerous" as it is bound to limit the "quality and independence" of t...
AP | GABRIELE STEINHAUSER | Posted 01.15.2012
BRUSSELS — The European Union said Tuesday it wants to allow investors to sue credit rating agencies for compensation if they break EU regulatio...
Raymond Griffith | Posted 01.15.2012
I was listening to NPR the other day. One item in the news struck me as particularly worrisome. The Greek debt crisis is prompting some worrying ide...
Posted 01.02.2012
NEW YORK (Walter Brandimarte) - Failure by a U.S. congressional committee to agree on $1.5 trillion in budget deficit cuts would be negative, but ...
Credit.com | Posted 05.21.2012