My Week If there was any justice in the financial world, the people who run the big debt rating agencies would be hanging from lamp-posts along with the investment bankers for the way in which their activities contributed to the 2008 financial crash. But they emerged pretty well unscathed, barring a few uncomfortable sessions before congressional committees. Politicians threatened all sorts of legislative nasties at the time, but it turned out to be all sound and fury signifying not very much.
Like this page on Facebook for updates
Monday 08 August 2011
White House attacks $2 trillion 'error' of credit rating agency after US downgrade
Saturday 06 August 2011
The United States was reeling today after Standard & Poor's lowered the nation's AAA credit rating for the first time since granting it in 1917.
Tuesday 02 August 2011
The fight to save the US's AAA rating is just beginning, with huge implications for the global economy
Monday 25 July 2011
Banking shares suffered more heavy losses today as traders continued the countdown to potential financial meltdown in the United States.
Tuesday 19 July 2011
News Corporation shares rallied today amid reports it may bring forward plans to split Rupert Murdoch's chairman and chief executive role in the wake of the phone hacking scandal.
Saturday 16 July 2011
US Outlook: Less than three years after the collapse of Lehman Brothers, a second financial crisis is now more likely than not. Against the backdrop of calm equity markets and a positively sanguine bond market, I know this makes me sound like Chicken Little. But let me explain.
Thursday 07 July 2011
The leading credit ratings agencies were threatened with tighter regulation and break-up yesterday by some of Europe's most powerful politicians.
Wednesday 06 July 2011
Christine Lagarde began her first day as the head of the International Monetary Fund (IMF) yesterday facing a new eurozone crisis after the Moody's credit-rating agency consigned Portugal's debt status to junk.
Friday 17 June 2011
Outlook Moody's, the credit ratings agency, has an interesting take on the banking reforms unveiled by the Chancellor this week. While the aim of George Osborne's ring-fencing proposals is to make the banking sector safer, Moody's says it will actually be more likely to downgrade the ratings it gives leading banks if the reformsproceed as expected.
Thursday 09 June 2011
Britain's cherished AAA credit status is under threat from the faltering recovery and higher than expected public borrowing, ratings agency Moody's warned yesterday.
Wednesday 01 June 2011
The difficult short- and long-term challenges facing the Japanese economy have been underlined by the Moody's ratings agency, which says it may slash the nation's sovereign debt ratings. It has placed Japan's Aa2 foreign and local currency bond ratings on review for a possible downgrade.
Wednesday 25 May 2011
The tougher regulatory backdrop in the UK could trigger a ratings cut for up to 14 financial institutions, including the Royal Bank of Scotland and its part-nationalised peer, Lloyds, the credit ratings agency Moody's warned yesterday.
Monday 25 April 2011
Friday 15 April 2011
Ireland's debt rating was downgraded to just above junk status today amid warnings that austerity plans may not be enough to repair its battered economy.
Friday 25 March 2011
Outlook George Osborne was delighted with the affirmation for his Budget provided yesterday by the WPP boss, Sir Martin Sorrell. But the advertising guru was not the only one who had spent the night poring over the small print: the team at Moody's were also on the case and the conclusions they reached will have been rather less palatable for the Chancellor.
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
Labour leadership: Jeremy Corbyn accused of 'deluding' young supporters with 'claptrap'
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
Iain Duncan Smith calls for urgent ESA overhaul as part of drive to cut down welfare costs
- 1 The difference between a migrant and refugee, in one sentence
- 2 Miley Cyrus calls out hypocrisy of women’s nipples being taboo
- 3 iPhone 5c to be discontinued, no iPhone 6c to replace it
- 4 Jozef Wesołowski: Former Catholic archbishop found dead ahead of child sexual abuse trial