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Credit Ratings

Do Credit Ratings Still Have Meaning?

Bloomberg Businessweek | Zeke Faux and Jody Shenn | Posted 11.02.2011 | Business

Which is a safer investment: (A) Treasury bonds, backed by the full faith and credit of the U.S. government, or (B) securities backed by subprime loan...

Motion Picture Association Of America Downgrades United States' Rating From PG-13 To NC-17

Spencer Green | Posted 09.30.2011 | Comedy
Spencer Green

"We're sorry to have to make this adjustment," said MPAA spokesperson Morton Isherwhile. "But, in recent months it has become clear that the United States' content is only appropriate for very limited audiences."

William Alden

Analyst: Rating Agencies Don't Deserve Government Blessing | William Alden | Posted 09.26.2011 | Business

With federal lawmakers battling over a deal to give the U.S. government more borrowing authority, major credit rating agencies have lent a sense of ur...

Debt Ceiling Crisis Threatens States

AP | By BRIAN WITTE | Posted 09.21.2011 | Politics

ANNAPOLIS, Md. -- Virginia's governor is livid that his famously tight-fisted state could face higher borrowing costs to build roads and schools. Mary...

Recession-Hit NJ Cities May Face Credit Downgrade

Posted 09.12.2011 | Business

NEW YORK (Edith Honan) - Six struggling New Jersey cities were warned on Tuesday their credit ratings might be downgraded by Moody's Investors Ser...

Chinese Local Debt Might Be Half A Trillion More Than Estimated: Moody's

Posted 09.04.2011 | Business

China's local government debt burden may be 3.5 trillion yuan ($540 billion) larger than auditors estimated, putting banks on the hook for deeper ...

Is Redlining Back? Evidence Grows That Qualified Borrowers Can't Get a Loan

Preeti Vissa | Posted 08.09.2011 | Business
Preeti Vissa

It has become increasing clear that there are large numbers of qualified borrowers who can't get a loan. Disturbingly, there are signs of a racial pattern to this phenomenon.

Credit Rating Ruined for Seven Years? Serial Bankrupters Know Better

Nicholas Carroll | Posted 08.09.2011 | Business
Nicholas Carroll

Credit being "ruined" doesn't really mean anything anyway, because having "good credit" simply means having good enough credit to achieve a particular goal.

Debt Ceiling Is A Big Issue for Small Business

John Arensmeyer | Posted 07.20.2011 | Business
John Arensmeyer

With each passing day that we don't vote to raise the limit, economic uncertainty grows, and uncertainty has real consequences for small business owners.

Credit Rating Agencies Triggered Financial Crisis, Report Finds

Reuters | Rachelle Younglai and Sarah N. Lynch | Posted 06.13.2011 | Business

April 13, 2011 11:36:28 PM By Rachelle Younglai and Sarah N. Lynch WASHINGTON (Reuters) - Moody's Corp and Standard and Poor's triggered the...

Government Bonds: No Longer a World Without Risk

José Viñals | Posted 05.25.2011 | Business
José Viñals

The risk free nature of government bonds, one of the cornerstones of the global financial system, has come into question as the global crisis unfolds.

Inching Forward on Credit Scores

Preeti Vissa | Posted 05.25.2011 | Business
Preeti Vissa

While Experian's action does not by itself create a new day of fairer, more inclusive credit scores, it just might be the first step on a path that will take us there.

Regulators Want To Push Market Away From Credit Rating Agencies

Posted 05.25.2011 | Business

WASHINGTON: Securities regulators on Wednesday will move to scale back markets' reliance on credit rating agencies, after the financial crisis lai...

FDIC Takes Step Toward Cutting Use Of Credit Ratings

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Federal regulators have taken a first step toward eliminating the use of credit ratings in rules for banks, under a mandate of the ...

End the Credit Rating Addiction

John Kiff | Posted 05.25.2011 | Business
John Kiff

One of the earliest take aways from the global financial crisis was the importance of access to information for effectively functioning financial markets. And, in that regard, credit ratings can serve an incredibly useful role -- in theory.

Moodys: Banks' Credit Ratings Won't Change -- At Least Not Immediately

AP | Posted 05.25.2011 | Business

New York — Moody's Investors Service on Friday said the deal reached in Congress on the financial reform bill will not prompt it to immediately chan...

Countries With The Safest Sovereign Debt

24/7 Wall St. | 24/7 Wall Street | Posted 05.25.2011 | Business

Nations with strong credit ratings did not experience the sovereign debt crisis that affected countries like Greece, Iceland, and Spain. Many countrie...

Moody's Credit Rating Cut Threatened By S&P

Posted 05.25.2011 | Business

NEW YORK (AP) -- Standard & Poor's said it may cut its rating on the parent of rival ratings agency Moody's Investors Service, because financial legis...

Restricting Bank Funding for Hedge Funds: Paul Volcker Does Not Go Far Enough

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

While Alan Greenspan has been busy denying any blame or foresight into the financial crisis, Paul Volcker has been working to dissociate the speculative risks of hedge funds from banking. But "The Volcker Rule," does not go far enough.

BP's Credit Rating Downgraded

AP | CHRIS KAHN | Posted 05.25.2011 | Business


EU Wants New Rating Agencies To Rival US Rating Agencies

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — The European Union's executive on Wednesday called for European credit rating agencies to rival the three U.S.-based market leaders a...

Credit ratings agencies being investigated by federal panel | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

This hearing could be one of the last opportunities to educate the public and Congress about how we might overhaul a system that failed the nation bef...

Greek Banks Suffer Moody's Downgrades

AP | ELENA BECATOROS | Posted 05.25.2011 | Business

ATHENS, Greece — Moody's credit rating agency downgraded five Greek banks on Wednesday, saying their finances will suffer from the effects of th...

Fitch Cuts Spain's Credit Rating

AP | Posted 05.25.2011 | Business

LONDON — Fitch Ratings cut Spain's credit rating on Friday, saying the government's efforts to reduce debt will weigh on economic growth in comi...

The Greek Debt (and Euro) Crisis Will Drag On and On...

Jim Jubak | Posted 05.25.2011 | Business
Jim Jubak

The crisis will either blow over in the next two months or so or run until the end of 2010 and threaten to take down Greek and German banks and the euro.