Credit Rating Agencies: New Regulations Approved By House Committee
WASHINGTON — A House committee voted Wednesday to set new rules for investment rating agencies, which lawmakers say misled investors by giving h...
WASHINGTON — A House committee voted Wednesday to set new rules for investment rating agencies, which lawmakers say misled investors by giving h...
McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 10.21.2009 | Business
A key House of Representatives committee is set to vote soon on legislation that would overhaul financial regulation and produce greater transparency ...
McClatchy | Kevin G. Hall | Posted 10.18.2009 | Business
As the housing market collapsed in late 2007, Moody's Investors Service, whose investment ratings were widely trusted, responded by purging analysts a...
Georges Ugeux | Posted 09.05.2009 | Business
European bank losses were as high as the U.S. They used the same compensation system, and their fragmented and ineffective regulatory system shares responsibility for the crisis.
Terrence McNally | Posted 08.31.2009 | Business
I recently interviewed author Michael Lewis about his new book, Home Game: An Accidental Guide to Fatherhood, and the financial meltdown and the bailout.
HuffingtonPost.com | Ryan Grim | Posted 08.14.2009 | Business
The Securities and Exchange Commission chair Mary Schapiro floated the possibility of cracking down on a particularly egregious Wall Street habit at a...
HuffingtonPost.com | Jason Linkins | Posted 08.10.2009 | Business
I have wonderful news to report to everyone! Apparently I have woken up today in a parallel universe, where the sun is shining and the birds are sing...
Reuters | Jonathan Stempel | Posted 07.18.2009 | Business
NEW YORK (Reuters) - Long attacked for awarding pristine ratings to mortgages and other securities that proved worthless, credit rating agencies were ...
Reuters | Posted 06.05.2009 | Business
LONDON, May 1 (Reuters) - Goldman Sachs's (GS.N) fund arm is developing a new global credit strategy for institutions that will rely on market prices ...
bloomberg.com | Andrew Frye | Posted 05.04.2009 | Business
April 3 (Bloomberg) -- U.S. state insurance regulators may reduce their dependence on firms including Standard & Poor's and Moody's Investors Service,...
Huffington Post via WSJ | Julie Satow | Posted 04.20.2009 | Business
The Federal Reserve is in the uncomfortable position of rewarding those who helped cause the financial crisis. The government's latest rescue effort ...
Wall Street Journal | MATTHEW KARNITSCHNIG and LIAM PLEVEN | Posted 04.01.2009 | Business
Major credit rating agencies have signed off on the latest revamp of American International Group Inc.'s $150 billion government rescue package, peopl...
Diane Francis | Posted 11.21.2008 | Business
The world economy nearly failed and a global effort by governments and central banks has pulled the system back from the proverbial brink. That's why only a global solution going forward will save the day.
AP | ANNE FLAHERTY | Posted 10.29.2009 | Business