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Congressmen criticize credit rating agencies

October 22, 2008 — 4:02pm ET | By Jim Kim
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...

Rating agencies sued by Connecticut

July 31, 2008 — 5:59am ET | By Jim Kim
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...

ALSO NOTED: A look at CDS prices for Merrill Lynch, Morgan Stanley and Lehman Bros.; Schwab posts strong first quarter; and muc

April 16, 2008 — 6:59am ET
Company News: > Schwab posts strong first quarter. Article > A look at CDS prices for Merrill Lynch, Morgan Stanley... Read more...

ALSO NOTED: Deal news; Will Bear Stearns CEO Alan Schwartz take job at JP Morgan; Goldman Sachs offloads some debt; and much mo

April 15, 2008 — 6:59am ET
Company News: > S&P lowers Wachovia outlook. Article > Fitch, Moody's... Read more...

Bond insurer to Fitch: Don't rate us

March 12, 2008 — 7:59am ET
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...