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Credit Rating Agency

The S&P Case and the Problem of Financial Opinion

Robert Teitelman | Posted 04.09.2013 | Business
Robert Teitelman

We've seen both problems before, notably in Eliot Spitzer's crusade against Wall Street analysts in 2001. The parallels are remarkable; the resolution is unsettling. What did we have?

Eleazar David Melendez

"This is going to end badly": S&P Analysts Saw Ratings Blowup Coming, Lawsuit Shows | Eleazar David Melendez | Posted 02.05.2013 | Business

In March 2007, as the subprime mortgage market was collapsing, an analyst at the bond rating agency Standard and Poor’s decided to lighten the mood ...

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...

S&P Boosts GM Credit Rating On Labor Contract

Posted 11.29.2011 | Business

Ratings agency Standard & Poor's raised its corporate credit rating on General Motors Co by two notches on Thursday, saying the automaker's new labor ...

Bill Gross: Problem Is 'Insufficient Consumption And investment'

Washington Post | Bill Gross | Posted 10.11.2011 | Business

For a few days there it seemed like President Obama was the master of the bond market. This is a Triple-A nation, he intoned on Monday, and always wil...

'Pretty Darn F**ked' And Other Big-Name Reactions To Downgrade

The Huffington Post | Harry Bradford | Posted 10.08.2011 | Business

When Standard and Poor's decided to downgrade U.S. credit for the first time in history on Friday, it set off a firestorm of commentary, bringing out ...

Ryan Grim

Franken Battling Frank On Wall Street Reform | Ryan Grim | Posted 05.25.2011 | Politics

Al Franken is battling Barney Frank to save the life of a credit rating agency amendment that the freshman Minnesota Democrat was able to include in t...

Moody's Risk Committee Disappeared At Height Of Collapse

McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 05.25.2011 | Business

WASHINGTON -- As the bottom fell out of the housing market and complex mortgage-backed securities began tanking in 2007, a strange thing happened at M...

Credit-Rating Agency Heads Get Slapped In Congress

Huffington Post | Jeff Muskus | Posted 05.25.2011 | Politics

Shortly after proposing legislation to strengthen SEC oversight of the credit-rating agencies responsible for measuring the safety of investment in pu...