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Standard Poors

As CEO Pay Soars, Many New Jobs Fail To Provide A Living Wage

The Huffington Post | Yepoka Yeebo | Posted 06.01.2011 | Business

Despite a falling unemployment rate and encouraging signs of a healing economy, a new report suggests America is not adding the right kind of jobs. ...

The Misguided Search for the "Winning" Mutual Fund

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

As investors, you need to screen out mutual fund screens and ignore past performance. Investing based on these factors is harmful to your financial wealth.

Will the Real Economy Please Stand Up?

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

There's a thick fog of uncertainty out there, and nobody has the faintest idea when it will evaporate. Are we caught in an environment of 'up in the air economics'? And who are we supposed to believe?

Coup d'Etat: Standard & Poor's Is Now Giving Orders to Congress ... and the American People

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

Standard & Poor's just put our elected officials on notice: Submit to the proclamations of the Deficit Commission or we'll downgrade our rating of government debt. That's blackmail, plain and simple.

Nothing Should Be Random About Rating Agency Assignments

Sue Allon | Posted 05.25.2011 | Politics
Sue Allon

Franken's measure was creative, but the diverse range of qualifications among the approved rating agencies is frightening to contemplate if a random assignment was the norm.

What Happens In Greece Won't Stay In Greece

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

As the Trojans sadly discovered, beware of Greeks bearing gifts. Or in this case, don't get carried away with Greeks getting gift. In fact, more Greek tragedies could lie ahead.

Illinois Bond Rating Downgraded As State Seeks More Borrowing

Posted 05.25.2011 | Chicago

Gov. Pat Quinn's proposed budget for fiscal year 2011 includes a mix of spending cuts, new revenues and increased borrowing. Unfortunately, that borro...

The Rating Game: Putting the Company's Profits and Market Share Before Quality Ratings

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Here's how broken our current system has become: Not only are the ratings agencies competing as for-profit businesses, but our two largest agencies are publicly traded companies driven solely by profits.

Why the United States Might Lose its AAA Rating

Georges Ugeux | Posted 05.25.2011 | Home
Georges Ugeux

A downgrade of the AAA rating of the United States would have profound consequences on our international reputation and leadership. We certainly do not need the aggravation.

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.

Suspicious Timing Surrounding The "De-risking" of AIG's Toxic Obligations

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

There is no way that Congress can understand the AIG bailout without carefully scrutinizing the decision making process behind these specific ratings and subsequent downgrades.

Berkshire Hathaway Stock Affordable: Mainstream Investors Can Now Buy Buffett

Wall Street Journal | Posted 05.25.2011 | Business


End the Filibuster and Pass a Lot of Stuff

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

Harry Reid is getting rolled by a pugnacious Republican minority so bereft of ideas it has no choice but to filibuster every piece of legislation the Democrats put on the table.

The Magnificent Seven Ride Again

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Sam Stovall, the chief investment strategist of Standard & Poor's, has come up with his own magnificent seven for the new year -- a group of seven fat dividend-paying stocks.

Q&A with Michael Lewis (Part 1): The Rules of the Game Were Totally Screwed Up

Terrence McNally | Posted 05.25.2011 | Business
Terrence McNally

I recently interviewed author Michael Lewis about his new book, Home Game: An Accidental Guide to Fatherhood, and the financial meltdown and the bailout.

Marcus Baram

Credit Rating Agencies Spared Major Reforms In Obama's Overhaul | Marcus Baram | Posted 05.25.2011 | Business

They've been called the culprits of the financial crisis but their role has remained largely unexamined. And they were largely spared any major reform...

"Brand Dubai" Aims to Polish Emirate's Image Following Negative Reports

Magda Abu-Fadil | Posted 05.25.2011 | World
Magda Abu-Fadil

The Gulf emirate of Dubai is on a PR kick aimed at polishing its image and repairing damage from negative reports.

Credit Rating Agency Scandals Ignored by US

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Credit rating agencies contributed to the current economic collapse. They were paid fees by banks who sometimes pressured or shopped around for the most favorable risk assessments, an obvious conflict of interest.

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.

Stocks In Longest Funk Since 1970s

Wall Street Journal | E.S. BROWNING | Posted 05.25.2011 | Business

Over the past 200 years, the stock market's steady upward march occasionally has been disrupted for long stretches, most recently during the Great Dep...

MBIA Gets Added Boost From Moody's | Laurie Kulikowski | Posted 05.25.2011 | Business

MBIA surged as much as 6% in trading Tuesday after Moody's Investor Services confirmed the financial guarantor's triple-A rating. The action comes a ...