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Credit Rating Downgrades

Big Finance Firms Look To Scoop Up MF Global Claims

Reuters | Posted 05.12.2012 | Business

March 13 (Reuters) - Some big financial firms have offered to buy the claims of thousands of MF Global customers, whose money went missing after th...

Jason Linkins

If Pretend Debt Ceiling Negotiations Lead To Downgrade, Credit Card Users Get Hit First

HuffingtonPost.com | Jason Linkins | Posted 09.27.2011 | Politics

It's all fun and games until the nation's credit rating is downgraded from it's current AAA status. And if that happens, you want to know who the first people to take the hit are? Well, they are the very same people who have made an effort to spend responsibly since the financial collapse.

Economy Causing 'Deep Emotional Shock' For Many In Greece

New York Times | LANDON THOMAS Jr. | Posted 07.16.2011 | Business

It has been one year since Greece avoided bankruptcy when Europe and the International Monetary Fund provided a 110 billion euro ($155 billion) bailou...

Ailing Ambac To Get $3 Billion Bailout

Bloomberg | Cecile Gutscher, Erik Holm | Posted 05.25.2011 | Business

Ambac Financial Group Inc. rose to the highest in two weeks on investor expectations the bond insurer may be rescued from crippling credit-rating down...