Ratings Agencies

Credit Rating Agencies: New Regulations Approved By House Committee

AP | ANNE FLAHERTY | Posted 10.29.2009 | Business


WASHINGTON — A House committee voted Wednesday to set new rules for investment rating agencies, which lawmakers say misled investors by giving h...

Bill Supposed To Tighten Rules On Ratings Agencies Has Big Loopholes

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 ...

How Moody's Sold Its Rating - And Sold Out Investors

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...

Financial Reforms: Is Europe Hypocritical?

Georges Ugeux | Posted 09.05.2009 | Business


Georges Ugeux

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.

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

Terrence McNally | Posted 08.31.2009 | 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.

Ryan Grim

SEC Chair Floats Ratings Agency Crackdown

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...

Jason Linkins

Morgan Stanley, Goldman Sachs Plan To Rebrand Failure As Success

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...

Rating Agencies Spared In Obama Financial Reforms

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 ...

Goldman Fund Shuns Ratings Agencies With New Strategy

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 ...

Rating Agencies Lose Their Standing Among Insurers

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,...

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

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 ...

Rating Agencies Sign Off On Revised AIG Bailout

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...

World Needs Global Financial and Securities Bodies

Diane Francis | Posted 11.21.2008 | Business


Diane Francis

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.