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Standard and Poors Ratings

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...

S&P Warns It May Cut 'Highly Rated' G20 Countries On Healthcare Spending

Reuters | Posted 03.31.2012 | Business

* Ratings of some developed nations at risk due to rising welfare costs * Rapidly ageing populations mean more healthcare costs in fu...

We Are Not AAA

Vitaliy N. Katsenelson | Posted 10.08.2011 | Politics
Vitaliy N. Katsenelson

I have received many emails and a few calls from friends, asking one question: What are the consequences of the downgrade? So I decided to put my thoughts on paper.

Jason Linkins

WATCH: S&P Downgrade Gives Media A 'Wake Up Call' About The Terrible Economy

HuffingtonPost.com | Jason Linkins | Posted 10.09.2011 | Media

Ordinary people in America have probably noticed that over the past three years, the economy has been, for the lack of a better term, "FUBAR." Even if...

Sunday Roundup

Arianna Huffington | Posted 10.06.2011 | Politics
Arianna Huffington

This week, the United States had its credit rating downgraded from AAA to AA-plus, making our nation the financial equivalent of the short, fat, bald, masked guy in those FreeScore.com commercials. In announcing the downgrade, Standard & Poor's cited "the difficulties of bridging the gulf between the political parties" over reducing the deficit, and indicated they wanted even more spending cuts from Congress -- joining the misguided consensus that completely misses the fact that economic growth is the most powerful weapon against the deficit. The White House challenged S&P's analysis, claiming it was off by trillions of dollars. Maybe the ratings agency was using the same math it had when it helped create the fiscal crisis we are still struggling to get out of by awarding AAA ratings to trillions of dollars in subprime mortgages repackaged as securities.

William Alden

Rating Agencies Repeatedly Caved To Banks' Demands And Helped Cause Crisis, Report Finds

HuffingtonPost.com | William Alden | Posted 06.14.2011 | Business

NEW YORK -- The major credit rating agencies repeatedly sold out to Wall Street banks, so addicted to short-term profits that they sacrificed the accu...

Republicans To Introduce Bills Weakening Financial Reform

Reuters | Kevin Drawbaugh | Posted 05.25.2011 | Politics

March 15, 2011 12:18:29 AM By Kevin Drawbaugh WASHINGTON (Reuters) - Congressional Republicans on Wednesday will stage their first outright ...

Christina Marie Fierro

Questions Raised As Feds Look To Become More Intertwined With Credit Rating Agencies

HuffingtonPost.com | Christina Marie Fierro | Posted 05.25.2011 | Business

Senator Al Franken's proposed Credit Rating Agency Board will reward the most "accurate" credit rating agencies with more accounts, but the panel's me...

CBS Stock Upgraded To 'Stable' By S&P

AP | Posted 05.25.2011 | Media

NEW YORK — Standard & Poor's Ratings Services said Friday it has revised its outlook on CBS Corp. to "stable" from "negative," to reflect the me...

Shahien Nasiripour

No Longer Too Big To Fail? Credit Rating Agency Thinks So

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The giant credit rating agency Standard & Poor's issued a stark warning Tuesday to creditors of Citigroup and Bank of America, two firms that up until...

George Soros: Country's Banking System "Basically Bankrupt"

bloomberg.com | Shamim Adam and Francine Lacqua | Posted 05.25.2011 | Business

New York University Professor Nouriel Roubini said stock markets may drop and billionaire George Soros warned the "bankrupt" U.S. banking system will ...

Washington Post Gets A+ Credit Rating

Editor and Publisher | Posted 05.25.2011 | Media

Amidst a credit freeze that has driven debt-laden newspaper chains further into junk credit ratings as they renegotiate with lenders, Standard & Poor'...