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Standard and Poors

SEC Chair Mary Jo White's Upcoming Test

Micah Hauptman | Posted 10.18.2014 | Business
Micah Hauptman

The indications we've been given -- although no one is willing to state definitively what the final rule is likely to include -- suggest that we shouldn't get our hopes up that our chief concerns will be comprehensively or even meaningfully addressed. We hope we are reading those indications wrong.

Dead Funds Walking... But Not Talking

Dan Solin | Posted 02.09.2014 | Business
Dan Solin

It's unfortunate that investors pay little heed to that admonition. That's exactly how the mutual fund industry likes it.

Mark Gongloff

Another Pre-Crisis Wall Street Practice Returns

HuffingtonPost.com | Mark Gongloff | Posted 08.01.2013 | Business

If you somehow missed out on all the fun of the last financial crisis, don't worry: We're apparently slowly building up to another one. The latest ...

How Ratings Agencies Helped Trigger The Financial Crisis

Rolling Stone | Posted 06.23.2013 | Business

It's long been suspected that ratings agencies like Moody's and Standard & Poor's helped trigger the meltdown. A new trove of embarrassing documents s...

Credit Rating Titans Reach Settlement

AP | Posted 06.27.2013 | Business

NEW YORK (AP) — Ratings agencies Standard & Poor's, Moody's and investment bank Morgan Stanley have settled two lawsuits dating back to the financia...

Mark Gongloff

Credit Rating Agency Admits You Shouldn't Trust Its Credit Ratings

HuffingtonPost.com | Mark Gongloff | Posted 04.23.2013 | Business

Here's yet another reason we may never trust credit-rating agencies again: One of the biggest of them has just suggested that we shouldn't. The rat...

Dow Takes Big Hit

AP | Posted 06.03.2013 | Business

NEW YORK (AP) — Stocks are closing broadly lower following weak reports on the U.S. economy. The Dow Jones industrial average fell 111 points, its w...

U.S. Smacks Down S&P Request

Reuters | Posted 05.31.2013 | Business

WASHINGTON, March 29 (Reuters) - The U.S. Department of Justice opposed Standard & Poor's efforts to move a spate of lawsuits charging the ratings a...

U.S. Stocks Little Changed After Lawmakers Reject Cyprus Bailout Terms

AP | Posted 05.19.2013 | Business

NEW YORK (AP) — Investors are taking the latest turn in Europe's financial drama in stride. U.S. stocks recovered most of an early lo...

S&P's Dire Warning For Europe

Reuters | Posted 05.18.2013 | Business

BERLIN, March 18 (Reuters) - Standard and Poor's sees a high risk that Spain, Italy, Portugal and France will not be able to carry through necessary...

Dow Winning Streak Contineus

Reuters | Posted 05.13.2013 | Business

NEW YORK, March 13 (Reuters) - U.S. stocks edged up on Wednesday, with the Dow rising for the ninth straight session to another record and the S&P 5...

The S&P Lawsuit Shouldn't Leave Investors Feeling Too Moody

Justin Cash | Posted 04.22.2013 | Business
Justin Cash

Animosity towards ratings agencies has resulted in the widespread distrust of their predictive capacities on the part of many in the world of finance. At best, many investors now see the ratings given by S&P et al. as meaningless posturing, and at worst as complete untruths.

Eleazar David Melendez

"This is going to end badly": S&P Analysts Saw Ratings Blowup Coming, Lawsuit Shows

HuffingtonPost.com | Eleazar David Melendez | Posted 02.05.2013 | Business

In March 2007, as the subprime mortgage market was collapsing, an analyst at the bond rating agency Standard and Poor’s decided to lighten the mood ...

SUED

AP | DANIEL WAGNER and CHRISTINA REXRODE | Posted 04.07.2013 | Business

WASHINGTON — The Obama administration on Tuesday accused Standard & Poor's of refusing to warn investors that the housing market was collapsing ...

Feds, States To Charge S&P

Reuters | Posted 02.04.2013 | Business

Feb 4 (Reuters) - Federal and state prosecutors intend to bring civil charges against Standard & Poor's for wrongdoing in its rating of mortgage bonds...

The Stock Market LOVED January

AP | Posted 04.02.2013 | Business

NEW YORK — Stocks drifted lower Thursday, but the Standard & Poor's 500 still logged its best January since 1997. The Standard and Poor's 500 f...

Don't Ask: "Is It Different This Time?"

Dan Solin | Posted 03.24.2013 | Business
Dan Solin

The most common question I get from readers of my books is: "I want to implement your index portfolios, but I have to consider the uncertainty in the financial world. When is the best time to invest?"

Stocks Surge To Highest Level Since Before Crisis

AP | Posted 03.12.2013 | Business

NEW YORK (AP) — Stocks are closing higher on Wall Street, sending the Standard & Poor's 500 index to another five-year high. The S&P ...

This Just In: Credit-Rating Agencies Still Plagued By Incompetency

Mark Gongloff | Posted 01.16.2013 | Business
Mark Gongloff

The credit-rating agencies are like a miserable long-term relationship: You desperately want to end it, but can't imagine life without it.

IMF To Eurozone: Cut Greece And Spain Some Slack

Reuters | Posted 12.11.2012 | Business

* IMF endorses giving Greece more time to meet targets * Germany says ditching debt-cutting goals hurts confidence * Dev...

Chicago Schools' Credit Rating Cut Yet Again Amid Budget Pressure In New Strike Deal

Reuters | Posted 12.02.2012 | Education

* Fitch downgrade adds to negative rating actions * Cites increased budget pressure in wake of teacher pact * Move follo...

'Something Went Haywire Somewhere'

Reuters | Posted 10.01.2012 | Business

* Huge volume in small stocks roils markets * Knight cites "technology issue" in market-making unit * Knight's stock plu...

Unexpected Collateral Damage From JPMorgan's Failed Bets

Reuters | Posted 08.14.2012 | Business

By Carrick Mollenkamp and Cezary Podkul NEW YORK, June 14 (Reuters) - JPMorgan Chase & Co's disastrous bets on corporate debt may...

S&P: 'Decisive Action' Necessary To Fix Europe

Reuters | Posted 08.06.2012 | Business

(Adds detail, quotes) NEW YORK, June 6 (Reuters) - European leaders can still contain the region's debt crisis and protect weaker econ...

Japan Downgraded

Reuters | Posted 07.22.2012 | Business

* Yen weakens after Fitch downgrade, move seen brief * Fitch warns further downgrades possible * Says Japan's debt plan ...