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David Beers

Greek Credit Rating Further Downgraded Into Junk Status

Posted 09.26.2011 | Business

Greece's sovereign debt was downgraded further into junk territory Wednesday, a day after an official from the credit ratings agency told CNBC that th...

Why Are Discredited "Agencies" Like S&P Dictating Our Economic Future?

Richard (RJ) Eskow | Posted 09.23.2011 | Politics
Richard (RJ) Eskow

S&P knows exactly what it is, and so should everyone else. It's the for-profit company which, while masquerading as an "agency," bartered its coveted AAA ratings for increased profits. The real question is why?