These are the most recent diaries filed under this tag:
Standard and Poor's Global Head of Soverign Ratings, one David Beers, "completely rejects" the Obama administration's assertions that any mistakes whatsoever were made in its report on US bonds, ...
by Hal C
Comment Count 2 comments on Mon Aug 08, 2011 at 06:55 PM PDT with 1 Recommend
In the wake of S&P's reduction of the U.S. credit rating, Republican leaders and amen corner are apoplectic about what Democrats John Kerry and David Axelrod deemed the "
by Jon Perr
Comment Count 8 comments on Mon Aug 08, 2011 at 12:22 PM PDT with 24 Recommends
There have been many reactions to S & Ps action in downgrading the credit rating of the US, Apart from the widespread annoyance and repudiation of S & P and its procedures, there are some who are ...
by Letsgetitdone
Comment Count 9 comments on Mon Aug 08, 2011 at 07:30 AM PDT with 6 Recommends
I agree with Krugman, who agrees with Atrios: [http://krugman.blogs.nytimes.com/2011/08/06/the-best-summary-of-the-sp-downgrade/ The Best Summary of the S&P Downgrade] Paul Krugman ��
by bobswern
Comment Count 179 comments on Sun Aug 07, 2011 at 08:04 AM PDT with 113 Recommends
I am perplexed by the storm of criticism leveled at Standard & Poor's. Don't get me wrong--that S&P, or any of the ratings agencies, is even taken seriously is a monumental farce, ...
by Tasini
Comment Count 11 comments on Mon Aug 08, 2011 at 06:44 AM PDT with 24 Recommends
Standard & Poor's on Friday downgraded the United States Congress. You may have heard media reports that it was the country's credit rating that was downgraded, but ...
by News Corpse
Comment Count 11 comments on Sat Aug 06, 2011 at 09:09 AM PDT with 15 Recommends
by ericlewis0
Comment Count 50 comments on Sat Aug 06, 2011 at 08:00 AM PDT with 113 Recommends
Last December, my friend, beowulf, had this to say at the time Moody's began to make noises about downgrading US debt. He said: ”I don’t think we’ll see Moody’s or any other ...
by Letsgetitdone
Comment Count 9 comments on Fri Aug 05, 2011 at 11:19 PM PDT with 6 Recommends
The word is this, from S&P on their downgrade of the United States' credit rating: Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due ...
by Hammerhand
Comment Count 2 comments on Fri Aug 05, 2011 at 08:23 PM PDT with 5 Recommends
The second act of the theatrical tragic-comedy known as “The Debt-Ceiling Show” is about to begin. In Act II, Scene 1, the credit-rating agencies—[Lower the] Standard & [Make you] Poor‘s, ...
by gloriasb
Comment Count 2 comments on Mon Aug 01, 2011 at 07:57 AM PDT with 2 Recommends
Krugman rarely disappoints, and his op-ed in Friday’s NY Times, “[http://www.nytimes.com/2011/06/03/opinion/03krugman.html The Mistake of 2010],” is no exception. In it we learn that–at a ...
by bobswern
Comment Count 279 comments on Thu Jun 02, 2011 at 11:01 PM PDT with 254 Recommends
On a technicality. While at the same time they bray how awful those agencies were. Back room deal, anyone?
by dov12348
Comment Count 19 comments on Tue Aug 31, 2010 at 05:23 PM PDT with 11 Recommends
President Obama's Department of Justice announced last week that there would be ...
by RJ Eskow
Comment Count 5 comments on Tue Jun 01, 2010 at 04:53 PM PDT with 12 Recommends
After Citizens United , Americans are pushing back against the corporate misuse of the people's free speech rights. But this battle is about ...
by janosnation
Comment Count 16 comments on Fri May 28, 2010 at 04:25 PM PDT with 15 Recommends
PowerPoints, emails, and transcripts obtained by Sen. Carl Levin's Permanent Subcommittee on Investigations illustrate the real magnitude of Sen. Al Franken's victory today. Sen. Franken was able ...
by RJ Eskow
Comment Count 19 comments on Thu May 13, 2010 at 01:51 PM PDT with 29 Recommends
So you're a savvy, cautious investor. You do your research and look for those Standard & Poor's and Moody's ratings. Independent analyses that really let you know you're on solid ground. Yeah.
by Joan McCarter
Comment Count 161 comments on Thu Apr 22, 2010 at 06:46 PM PDT with 0 Recommends
In the first half of 2009, when Senators Dick Durbin and Bernie Sanders, along with House Agriculture Committee Chair Colin Peterson, all told us of how the "[http://www.dailykos.com/storyonly/2009/6/
by bobswern
Comment Count 31 comments on Wed Apr 14, 2010 at 10:19 AM PDT with 38 Recommends
This turn of events is long overdue. For those who are not aware, one gigantic reason that so many people bought the real-estate backed securities was because they received top ratings from the ...
by chloris creator
Comment Count 23 comments on Wed Mar 10, 2010 at 11:36 AM PST with 29 Recommends
( Diarist's Note: A few graphs down, you'll find the latest in a series of crossposts from HuffPo blogger and banker David Fiderer concerning the many questionable, if not extremely suspicious and ...
by bobswern
Comment Count 130 comments on Fri Feb 12, 2010 at 11:52 PM PST with 215 Recommends
In his defining analysis of the five key decisions that brought about our current economic crisis, "[http://www.vanityfair.com/magazine/2009/01/stiglitz200901 Capitalist Fools]," Nobel laureate and ...
by bobswern
Comment Count 148 comments on Fri Jun 19, 2009 at 12:03 AM PDT with 120 Recommends