credit rating agencies news from FierceFinance

Citigroup (C) and Bank of America (BAC) remain two heavily shorted stocks, according to TheStreet.com. Citigroup, the most heavily shorted stock on the Big Board, saw short interest rise to 439... Read more...

The debate about too big to fail has been raging, with no end in sight. But have the credit rating agencies already made up their mind on the outcome? Standard & Poor's has revised its outlook on... Read more...

There's been a lot of talk lately about what a great idea contingent convertibles are. The interest seemed to have been sparked by Lloyd's big issue last month. It sounds ideal on paper: Securities... Read more...

Rating agencies like Moody's and Standard & Poor's have often argued that since they merely offer an opinion on creditworthiness, they cannot be sued because they have a right to free speech. But... Read more...

The special inspector general with oversight over bank bailout activity has issued his second report to Congress, and it is not pretty, according to the New York Times. Neil Barofsky criticized the... Read more...

Do these new rules adopted by the SEC go far enough? Will they instill public confidence in all those credit ratings that proved so wrong? I guess we'll just have to see. These rules were proposed... Read more...

You know a hearing is going bad when a congressman start reading instant messages between two of your employees that goes like this: Official 1: By the way, that deal is ridiculous... Read more...

Credit rating agencies have been beaten up pretty thoroughly in the credit crunch. Many would say they have been discredited. If only they hadn't rated all those subprime-backed CDOs AAA! In the wake... Read more...

According to CNBC, Kohlberg Kravis Roberts has emerged as the leading candidate to buy Neuberger Berman, the mutual fund company owned by Read more...

In its probe of credit rating agencies' practices, the Securities and Exchange Commission collected and reviewed more than 2 million emails and instant messages. Whew! It has uncovered a bevy of... Read more...