Fixing Credit Rating Agencies
And now for something completely different... I read yet another story on how the credit rating agencies (Standard and Poors, Moodys, Fitch, et al.) failed at their task of rating credit instruments (bonds, derivatives, etc.) to reflect the risk of those instruments. The credit rating business works like this: Companies that want to issue [more...]
Date: 2008-11-18 11:29:00
Blog posts
(4)
|
Videos
(3)
US News and World Report: The End of the Shopaholic Nation? (pfblogs.org)
Ideas we've been presenting since blog inception i.e. the Pooring of America - are starting to gain fame in the mainstream media. Again, gas dropping 50 cents is not going to fix the consumers problem. I don't care ... credit, and that credit is drying up by the day. Then in the past decade as the middle class loses [more...]
Date: 2008-09-20 21:59:02
Motorola Credit Rating Downgraded to Junk Status
It’s been a long time coming, but Motorola’s struggling mobile phone manufacturing business has finally caught up with its finances. Citing Motorola’s “operational challenges” that are not expected to fix themselves in the intermediate term, the Standards & Poor’s (S&P) Ratings Services has cut its long-term credit [more...]
Date: 2008-12-07 20:19:50
Obama: Educate from birth through college
Speaking at Stebbins High School (mostly white, average scores) ... credit to any middle-class student who’s willing to serve their community or their country.” (What about poor and rich students who serve?) Now, part of the plan also calls for fixing the broken [more...]
Date: 2008-09-10 01:35:32
4
Results
