Entries tagged "debt ratings"
A Moody's official said there was no evidence of wrongdoing at the ratings agency, though doubts remain. The Deal's Nathaniel Baker takes a look at how credit agencies should've functioned in an ideal world.
A downgrade by the ratings agencies renders AIG insolvent without more cash from the government or other sources.
Gaming was the most active sector in Moody's Investors Service's August report on liquidity of speculative-grade companies, released Friday. The report reflects ratings changes and additions to Moody's liquidity watch during July, when the gaming business saw two downgrades and five newcomers to the list of companies with speculative-grade liquidity. ...
Credit rating agency Fitch Ratings gave a hint Monday that it may downgrade Countrywide Financial Corp.'s ratings by placing the mortgage lender on its rating watch evolving list. The move follows Standard & Poor's May 2 downgrade of Countrywide. Both rating agencies initiated their moves because Bank of America Corp. filed an amended S-4 on May 1, which opens the possibility that any remaining Countrywide debt could remain obligations of the mortgage lender....
