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Credit Rating Agencies

Downgrade Will Follow Plunge From 'Fiscal Cliff'

AP | Posted 11.11.2012 | Business

NEW YORK — The U.S. government's debt rating could be heading for the "fiscal cliff" along with the federal budget. Moody's Investors Service o...

Report: Rating Agency Drastically Underreporting Muni Defaults

The Washington Post | Danielle Douglas | Posted 08.16.2012 | Business

Defaults on municipal bonds for decades have been far higher than reported by rating agencies, bringing into question the true risk of a common inves...

How to Borrow Money to Buy a Car (Even If You Have No Credit History)

Jeanne Kelly | Posted 08.07.2012 | Money
Jeanne Kelly

If you're not in this situation, imagine how hard it would be to try to build a credit history when no one will give you credit. If you're IN this situation, it probably feels like you have an up-hill battle just to get those essential-to-life loans that other people take for granted.

Hey, Remember That Time Standard & Poor's Downgraded The Whole Country?

AP | PAUL WISEMAN | Posted 10.05.2012 | Business

WASHINGTON (AP) — The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond ratin...

Triple-A For U.K. On Olympic Opening Day

AP | The Associated Press | Posted 09.26.2012 | Business

NEW YORK (AP) — Standard & Poor's says the United Kingdom will keep its top "AAA" credit grade. The rating agency late Friday affirme...

Why We All Need to Think About Alternative Credit | Posted 07.21.2012 | Money

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...

Do You Think It's Fair...

Brad Lander | Posted 07.17.2012 | New York
Brad Lander

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.

Surprising Reason Woman Can't Get Credit

The Huffington Post | Bonnie Kavoussi | Posted 04.16.2012 | Money

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...

Island Nation Downgrade To Junk

AP | Posted 05.13.2012 | Business

NICOSIA, Cyprus — International credit ratings agency Moody's downgraded euro member Cyprus to junk status Tuesday on heightened concerns over i...

Moody's Analyst Blows Whistle On Mortgage Debt Ratings, Allegedly Gets Pay Cut

Reuters | Posted 04.29.2012 | Business

* Ilya Eric Kolchinsky may pursue retaliation claim * Moody's wins dismissal of defamation, other claims * Kolchinsky we...

Banking 2012: Maneuvering to Survive the Desert Landscape of Zero Interest Rates

Dennis Santiago | Posted 04.07.2012 | Business
Dennis Santiago

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.

MF Global To S&P Before Collapse: We've 'Never Been Stronger'

Reuters | Posted 03.31.2012 | Business

* S&P says MF Global touted capital, liquidity strength * One week after email to S&P, MF Global failed * House lawmaker...

$3.7 Trillion Municipal Securities Market's Last U.S. Inspection 'Predated The Financial Crisis,' GAO Says

Posted 01.18.2012 | Business

Government oversight of the $3.7 trillion market for municipal securities, wracked by several high-profile cases of fraud and bid-rigging, is inadequa...

Do Friday's European Downgrades Matter?

Mohamed A. El-Erian | Posted 03.14.2012 | Business
Mohamed A. El-Erian

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.

Fitch Calls Italy The 'Front Line' Of Europe's Debt Crisis

AP | By PAN PYLAS | Posted 01.10.2012 | Business

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...

S&P Puts Sears On Review For Downgrade After Retailer Announces Major Store Closures

Posted 12.29.2011 | Business

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 ...

ECB Action Not Enough Save European Banks From S&P Downgrade Threat

Posted 12.23.2011 | Business

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...

Credit Agency Warns Debt Could Lead To U.S. Downgrade

Posted 12.22.2011 | Business

NEW YORK (Daniel Bases) - Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining t...

Hungary's Credit Rating Downgraded To Junk By S&P

AP | The Associated Press | Posted 02.20.2012 | Business

Standard & Poor's Ratings Services on Wednesday downgraded Hungary's credit rating to "junk" level because of worries about proposed policy changes re...

Fitch Downgrades Five Major European Banks

AP | Posted 12.15.2011 | Business

LONDON -- Fitch Ratings on Wednesday downgraded the debt ratings for five major European commercial banks and cooperative banking groups, citing the e...

S&P Downgrades Last Triple-A Rated Bank

Posted 11.30.2011 | Business

Dutch cooperative bank Rabobank lost its cherished triple-A rating from Standard & Poor's as the global banking crisis finally caught up with the ...

S&P Downgrades Big Banks

AP | EILEEN AJ CONNELLY | Posted 01.29.2012 | Business

NEW YORK — Standard & Poor's Ratings Services has lowered its credit ratings for many of the world's largest financial institutions, including t...

Arrogance of Self-Appointed Judges of U.S. Credit

Frank A. Weil | Posted 01.29.2012 | Politics
Frank A. Weil

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.

Investors Can Sue S&P In German Court Over Lehman

Posted 11.28.2011 | Business

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...

Federal Judge: Credit Ratings Not Always Protected Under First Amendment

Posted 11.26.2011 | Business

(Jonathan Stempel) - A federal judge has said credit ratings are not always protected opinion under the First Amendment, a defeat for credit ratin...