Standard Poor

The 11 Most Overrated Things about 2011

Mark Juddery | Posted 02.04.2012

Read More: Steve Jobs, Charlie Sheen, Anthony Weiner, Tea Party, Ipad 2, Economy, Woody Allen, Rebecca Black, Downgrade, Credit Rating, Midnight in Paris, Jon Tyner, Apocalypse, Mayan Prophecy, Citizen Journalists, News of the World, Slidepollajax, Rupert Murdoch, Paul Krugman, Armageddon, Standard & Poor, Culture News
Mark Juddery

Having listed the most overrated things about 2010 and the entire previous decade, it's now time to look back on the vintage year of 2011 - a year whe...

Read Post

Poor Standards: 4 Steps to Ending the Rating "Agency" Racket

Richard (RJ) Eskow | Posted 10.08.2011

Read More: Moody's, Standard & Poor, Rating Aracket, Rating Agencies, Business News
Richard (RJ) Eskow

S&P's agenda has appeared to be political for a long time, and it looks as if its retrofitting its "analysis" yet again to mirror the austerity economics goals of its paymasters. Here are four steps to end that racket now.

Read Post

Fitch Still Sees Risk Of Greek, U.S. Debt Defaults

Posted 08.21.2011

Read More: Fitch Ratings, Parliament, Default Rating, Bailout, Athens, International Monetary Fund, Greece Debt Crisis, Austerity Plan, European Union, Euro Zone, Credit Rating, Aid Package, Euro, Standard & Poor, Video, Business News

SINGAPORE (Masayuki Kitano) - Fitch Ratings said on Tuesday that it would regard a voluntary rollover of Greece's sovereign bond maturities as a d...

Read Whole Story

U.S. Economy At 'Risk' Of Falling Into Double-Dip Recession: Shiller

Posted 08.09.2011

Read More: Housing Market, S&P/Case-Shiller Home Price Index, Unemployment, Unemployment Rate, Double-Dip Recession, Stock Market, Economic Crisis, Robert Shiller, Housing Crisis, Standard & Poor, Video, Business News

NEW YORK - Recent housing and employment data suggests the U.S. economy is at a tipping point where a double-dip recession is possible and home pr...

Read Whole Story

Thanks, S&P. Not!

Fortune's Stanley Bing | Posted 06.19.2011

Read More: Wall Street, S&P, Mike the Headless Chicken, Standard & Poor, Business News
<i>Fortune</i>'s Stanley Bing

Thanks, Standard & Poors, for putting the entire economy on a moderate death watch. Thanks for giving heart to all the legislators that want to make the national debt the sole determinant for the future conduct of the nation.

Read Post

Consumer Confidence Slips In December, Case-Shiller Index Finds

AP | ANNE D'INNOCENZIO and JANNA HERRON | Posted 05.25.2011

Read More: Case-Shiller Index, Consumer Confidence, Job Confidence Low, Standard & Poor, Home Price Index, Business News

NEW YORK — Holiday spending surged this year, but Americans still have their doubts about the economy. With unemployment high and home prices f...

Read Whole Story

Facing Crackdown, Credit Raters Bring On Heavy Hitters

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011

Read More: Judd Gregg, Bob Corker, Standard & Poor, Financial Reform, Moody's, S&P, Fitch, Business News

Credit rating companies have long seemed the Wall Street equivalent of the New York Yankees: controversial but virtually unbeatable. Again and again, ...

Read Whole Story

Proposed Credit Rating Reforms May Empower an Embattled Moody's

Sam Fellman | Posted 05.25.2011

Read More: Fitch's, Credit Rating Agencies, Securities and Exchange Commission, Standard & Poor, Moody's, Business News
Sam Fellman

Nearly two years after the start of the recession and 11 months after the Securities and Exchange Commission took action to correct the practices that produced the downfall, the trade in dubious securities continues.

Read Post

A Reasonable Case For Regulation

Rep. Jackie Speier | Posted 05.25.2011

Read More: Sec, Lehman Brothers, Financial Services Committee, Regulation, Rating Agencies, Moody's, Fitch, Standard & Poor, Financial Regulation, Jackie Speier, California, Politics News
Rep. Jackie Speier

How would you feel if you discovered that a highly-rated bond received its grade not because the company is strong, but because the rating agency assumed the government would bail the company out?

Read Post

Ides of September and October

Dan Dorfman | Posted 05.25.2011

Read More: Mark Leibovit, Sam Stovall, VRTrader.Com, Stimulus Package, Standard & Poor, Great Depression, Business News
Dan Dorfman

Interestingly, September -- not as widely thought, October -- produced the single greatest monthly crash on a percentage basis.

Read Post

Ratings Agencies, To Blame For Some Of The Crisis, Could Now Benefit

Huffington Post via WSJ | Julie Satow | Posted 05.25.2011

Read More: Ratings Agencies Scandal, Economy, Moody's Investor Services, Ratings Agencies, Moody's, Standard & Poor, Business News

The Federal Reserve is in the uncomfortable position of rewarding those who helped cause the financial crisis. The government's latest rescue effort ...

Read Whole Story

Plan to Take Action in 2009

Suze Orman | Posted 05.25.2011

Read More: Personal Finances, Stocks, Money, Economy, Stock Market, Economic Crisis, Standard & Poor's, Recession, 2009, Finance Woes, Money Woes, Dow Jones, Stocks Down, Finance, Dow Jones Industrial Average, Recession Fears, The Dow, Financial Planning, New York Stock Exchange, Personal Finance, Standard & Poor, Suze Orman, Suze Orman Oprah, Business News
Suze Orman

I am sorry to say that it is foolish to think that a stimulus package will be an insta-cure. I think it is wiser to to keep in mind that it is going to take years to make this all right.

Read Post

More On the Sky Falling

Tim Berry | Posted 05.25.2011

Read More: Financial Crisis, Eonomic, Sec, FInancial Markets, Lehman Bros, Moody's, Standard & Poor, Business News
Tim Berry

I'm usually just working on small business, but yesterday, as I went over the Sunday New York Times, I hit upon one piece by Ben Stein that struck a cord.

Read Post

S&P Cuts Goldman, Lehman Outlooks

AP | Posted 05.25.2011

Read More: Goldman Sachs, Goldman, S&P, Lehman, Lehman Bros, Standard & Poor, Business News

Standard & Poor's Ratings Services said Friday it cut its outlook on Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc., saying volatile marke...

Read Whole Story

Stock Prices Drop For Second Straight Day

AP | Posted 05.25.2011

Read More: Inflation Rate, Consumer Prices, Dow Jones, Wall Street, Inflation, Nasdaq, Intel, Stocks, Standard & Poor, Business News

The Dow Jones industrial average has dropped 52.10 to 12,546.08 in the opening minutes of trading today, after falling 277.04 yesterday. The losses fo...

Read Whole Story

E*Trade Sells $3B Mortgage-Backed Securities, Municipal Bonds To Bolster Finances

Bloomberg | Edgar Ortega, Adrian Cox | Posted 05.25.2011

Read More: Nasdaq Stock Market, Etrade, Etfc, E*Trade, Standard & Poor, Business News

E*Trade Financial Corp., the worst performer in the Standard & Poor's 500 Index last year, sold $3 billion of mortgage-backed securities and municipal...

Read Whole Story

Dow, S&P 500 Hit New Records

AP | Joe Bel Bruno | Posted 05.25.2011

Read More: Federal Reserve, Dow Jones, Wall Street, Dow Jones Industrial Average, Standard & Poor, Business News

Wall Street advanced sharply Tuesday as investors interpreted minutes from the Federal Reserve's last meeting as indicating the central bank is ready ...

Read Whole Story

Unemployment Edges Up Despite New Jobs

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Unemployment, Wall Street, Standard & Poor, Unemployment Rate, Business News

Fears that the country could slide into a recession eased in September as employers created the most jobs in four months and workers' wages grew solid...

Read Whole Story