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Credit Rating Agency news from FierceFinance

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The new face of credit ratings agencies?

Credit rating agency reform seems to be one of those issues that has fallen by the wayside as of late. True, the Obama Administration has put forward a proposal. The proposal, as Fortune notes, would... Read more...

The new face of securitization

Did anyone really think that the financial whiz kids at top banks would give up on securitized products? Of course not. The Financial Times reports on the new "smart securitization" product that... Read more...

The broad outline of reform

We've known for some time now that financial system reform would be a big issue in 2009. Now that the inauguration is over, we're starting to a get a better feel for just how extensive it will be.... Read more...

Rating agencies sued by Connecticut

It's no secret that credit ratings agencies rate municipal and corporate debt differently. Moody's has admitted as much. Exactly why they do this vexes some--including the Connecticut state attorney... Read more...

Credit ratings agencies unmasked?

Just when you thought the credit rating agencies could not be more demonized comes a New York Times magazine piece that wraps... Read more...

Bond insurer to Fitch: Don't rate us

A sign of the times: Ailing bond insurer MBIA has taken credit-rating agency Fitch to task for not being more tough on muni bond insurers, notes Fortune. The firm made waves when it asked Fitch to... Read more...

Irony: Risk aversion making things worse

The abuse of risk strikes many as a leading cause of the credit meltdown. But now, as the New York Times notes, the discomfort with risk and the need for "absolute safety" may be prolonging the... Read more...