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Standard Poor

The 11 Most Overrated Things about 2011

Mark Juddery | Posted 02.04.2012 | Home
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...

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

Richard (RJ) Eskow | Posted 10.08.2011 | Business
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.

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

Posted 08.21.2011 | Business

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

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

Posted 08.09.2011 | Business

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 prices...

Thanks, S&P. Not!

Stanley Bing | Posted 06.19.2011 | Business
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.

Facing Crackdown, Credit Raters Bring On Heavy Hitters

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

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

Proposed Credit Rating Reforms May Empower an Embattled Moody's

Sam Fellman | Posted 05.25.2011 | Business
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.

A Reasonable Case For Regulation

Rep. Jackie Speier | Posted 05.25.2011 | Politics
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?

Ides of September and October

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

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

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

Huffington Post via WSJ | Julie Satow | Posted 05.25.2011 | Business

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

Plan to Take Action in 2009

Suze Orman | Posted 05.25.2011 | Business
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.

More On the Sky Falling

Tim Berry | Posted 05.25.2011 | Business
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.

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

Bloomberg | Edgar Ortega, Adrian Cox | Posted 05.25.2011 | Business

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...