S&P: GE credit rating at risk
According to an article on WSJ.com, S&P “took the first step” toward “potentially” lowering GE’s credit rating from AAA. Credit analyst Robert Schulz warned earnings and cash flow at GE Capital could decline enough over [more...]
Date: 2008-12-18 21:27:30
Blog posts
(7)
|
No video
Fed Chairman Uses Incompetent Ratings Firms for Bailout
“Federal Reserve Chairman Ben S. Bernanke is basing hundreds of billions in emergency lending on credit ratings from companies that gave AAA grades ... . So reports Bloomberg News. Before the financial crisis, we repeatedly warned in vain ... of the financial crisis. “They’re outsourcing the credit assessment to a group of people whose recent [more...]
Date: 2008-12-18 18:40:19
Ainda o “downgrade” da S&P (5)
Bloomberg Spain may struggle to sell 1.8 billion euros ($2.4 billion) ... . Standard & Poor’s said Jan. 12 it may lower Spain’s AAA credit rating. “There is a clear risk ... of bonds as the prospect of a credit downgrade and a flood of new issues by European governments [more...]
Date: 2009-01-15 09:54:11
Totally Disconnected: US Government Risk, Ratings, Bonds and Equities
As part of his seemingly ongoing program to remove systemic risks within the financial and corporate matrix, ... ; Poor’s reiterated its “AAA” rating for the United States, credit default swaps spreads for 10-year [more...]
Date: 2009-01-14 06:52:43
Moody’s Techniques Deeply Flawed – Analyst Blog
Moody’s allegedly hastened the credit crisis earlier in the decade by assigning top ratings to mortgage-backed securities that deteriorated later. Moreover, it is being probed by regulators worldwide, with several ongoing reviews in Europe for rating a European debt product, constant proportion debt obligations (CPDOs), at a higher-than-merited AAA. According to the Wall Street Journal , Eric Kolchinsky a former analyst with Moody's Corp. [more...]
Date: 2009-09-28 14:34:15
Mark Thoma on the Risk Premium
He writes, Tyler Cowen focuses on the misallocation of risk due to government induced moral hazard ... , that raised the demand for AAA and AA securities. The primary misperception was the view taken by rating agencies, and probably by the key sellers of credit default swaps, that house prices could never fall [more...]
Date: 2008-12-28 13:40:02
Wall Street Breakfast: Must-Know News
Chugging along towards a bailout. After multiple false starts, sources say an auto bailout could be unveiled today that would see General Motors ( ... potentially lowering General Electric's (GE) AAA credit rating, sending shares down 8.2%. The ratings ... through their credit arms, GMAC (GKM) and Chrysler Financial. Yes We Can (fix the economy)! [more...]
Date: 2008-12-19 12:18:35
7
Results
