Moody's news from FierceFinance
News
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...
What is the nightmare scenario for the CDS market?
The sheer size of the market for credit default swaps makes people nervous. But what is the nightmare scenario? What would bring the market to its knees? You Read more...
Sad tale of a Merrill Lynch securitization
The New York Times offers an arresting story about an emblematic Merrill Lynch securitization in 2006. The securitized securities were so-called piggyback Read more...
Moody's makes a few changes, keeps letters
Moody's surveyed its customers recently, and they apparently were in favor of keeping the ratings agency's time-honored letter ratings, AAA and so forth. To many critics, these letter ratings mean Read more...
Economy hitting portfolio companies of big private equity firms
As if private equity firms didn't have enough problems. Investment Dealers' Digest suggests that the rocky economy may be a 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...
ALSO NOTED: Deal news; Will Bear Stearns CEO Alan Schwartz take job at JP Morgan; Goldman Sachs offloads some debt; and much mo
Company News: > S&P lowers Wachovia outlook. Article > Fitch, Moody's Read more...
ALSO NOTED: Merrill Lynch estimates cut again; Financial stocks soar after Bear Stearns-JP Morgan deal; and much more...
Company News: > Merrill Lynch estimates cut again. Article > Soros: More products should be regulated. Read more...
ALSO NOTED: Lehman initiatives Blackstone coverage with buy; KBW initiates coverage of Fortress with outperform; and much more.
Company News:> KBW initiates coverage of Fortress with outperform. Article > Lehman initiatives Read more...