Tag:

Moodys

Latest Headlines

Latest Headlines

More MF Global details

We're getting more tidbits of information about exactly how the MF Global fiasco went down--none of which make the company's management look good. It remains unclear, however, if actual fraud

Counterparties reassess risk of derivatives

You could sense the fear over big U.S. banks just recently, as the European debt crisis heated up and concerns mounted about just how exposed banks were. Stocks tanked yet again, taking prices well

SEC takes credit ratings companies to task

So far, Standard & Poor's has been the only credit rating agency to face charges by the SEC for actual rating work performed ahead of the financial crisis. But it's no secret that Moody's and

SEC may charge S&P over faulty CDO ratings

Civil action may be coming from the SEC against Standard & Poor's over a troubled 2007 CDO offering that was awarded a top AAA rating. S&P says it has received a Wells notice, informing it

Banks downgraded, but is too big to fail really over?

Here's an unintended consequence of the broad move by regulators to end the too big to fail era: Moody's has downgraded the debt of Bank of America, Wells Fargo and Citigroup.

Municipal funds terminate Standard & Poor's

Much of the backlash to Standard & Poor's controversial downgrade of Treasury debt has been driven by media leaks and public denunciations, which have combined to create a portrait of company

Moody's vs. Standard & Poor's

So who should we believe: Standard & Poor's, which has taken the unprecedented step of lowering the credit rating of long-term Treasuries to AA+, or Moody's, which is sticking with its AAA rating

What to make of the S&P downgrade of U.S. debt?

Standard & Poor's has taken a principled stand on the U.S. government's ability to lower its soaring deficit, lowering its rating on long-term Treasury debt to AA+ from AAA. Many people are