NEW YORK, Aug. 2 (Xinhua) -- Fitch Ratings downgraded the U.S. government's credit rating weeks after President Joe Biden and congressional Republicans came to the brink of a historic default, warning about the growing debt burden and political dysfunction in Washington, reported The Wall Stree...
The three major U.S. credit rating agencies won the termination of lawsuits wanting to hold them responsible as “underwriters” for assisting banking institutions structure securities transactions in order to achieve preferred ratings, Reutersreports. The 2nd U.S. Circuit Court of Appeals in New Yo...
U.S. Credit Rating Agencies Win Dismissal of Lawsuits
NEW YORK, Aug. 2 (Xinhua) -- Fitch Ratings downgraded the U.S. government's credit rating weeks after President Joe Biden and congressional Republicans came to the brink of a historic default, warning about the growing debt burden and political dysfunction in Washington, reported The Wall Stree...
“material regulatory deficiencies,” which the report defined as “[c]onduct or a deficiency that could undermine the quality of a credit rating or impair the objectivity of an NRSRO’s credit rating process or [c]onduct that may be inconsistent with the antifraud provis...
BEIJING, May 1 (Xinhua) -- Credit ratings agency Fitch recently downgraded the outlooks on China's sovereign credit rating along with those of six major state-owned banks, drawing criticism from economic analysts who deem it unfair and unjust. They argue that such actions fail to accurately re...
In August 2011, the United States’ credit rating was downgraded by the credit rating agency Standard & Poor’s (S&P) from AAA to AA+, or down one level. Because this is the first time in American history that the U.S. credit rating has been downgraded, the long-te...
In addition, Egan-Jones Ratings (EJR), an investor-paid credit rating agency, demonstrates a similar tendency in announcing downgrades after trading hours. This is the first study to document systematic differences in the timing of ... P Kraft,Y Xie,L Zhou - North-Holland 被引量: 0发表:...
From interest rates to inflation, people in the know have ideas about what might happen in the coming year. Jessica Walrack,Barri SegalandTanza LoudenbackJan. 31, 2025 Careers Careers Best Jobs for Work-Life Balance These jobs can give you stability, a rewarding career and time to have a ...
Fall of U.S. credit rating reflects "erosion of governance:" WSJ Fall of U.S. credit rating reflects "erosion of governance:" WSJ