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Credit Ratings

Worst of All Possible Worlds: Which Country's Debts Are Truly the Worst?

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

Last year, the US dollar was the butt of monetary jokes. But now, in a moment of cosmic irony, some global investors are now fleeing to the relative safety of the US dollar.

Sham Transactions That Led to AIG's Downfall: The Ugly Truth Was Hiding In Plain Sight

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

If you want to understand the deals that wiped out AIG, the best place to start is the website of the New York Fed.

California Attorney General Brown To Launch Investigation Into Rating Agencies' Role In Fueling The Financial Crisis

The Huffington Post | Posted 05.25.2011 | Business

California AG Jerry Brown joins the ranks of Attorneys General to scrutinize the disastrous role the credit rating agencies played in the financial cr...

Finally, a Craigslist for Government Assets

Michael Likosky | Posted 05.25.2011 | Business
Michael Likosky

If you're looking for a good deal on public assets, Allen & Overy LLP, a leading international law firm, has a product for you.

Ryan Grim

Barney Frank, GOP Go After Credit Rating Agency Dominance | Ryan Grim | Posted 05.25.2011 | Business

Credit rating agencies have it pretty good. By law, banks are required to use one of three agencies to rate financial products, so no amount of dismal...

Credit Ratings Accused Of Reaping Profits As Regulators Fail

Bloomberg News | Posted 05.25.2011 | Business

Ron Grassi says he thought he had retired five years ago after a 35-year career as a trial lawyer. Now Grassi, 68, has set up a war room in his Tah...

Reel in the Credit-Rating Agencies

Eric C. Anderson | Posted 05.25.2011 | Business
Eric C. Anderson

Geithner and the SEC must take direct aim at the root cause of our ailments. That means fixing the credit-rating agency problem now.