Tag Archives: Moody’s

Moody’s puts big banks on review for downgrade

      114 financial institutions in 16 European countries on review as well Michael Kitchen and Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — Moody’s Investors Service triggered fresh worries for investors after placing 17 major global financial firms review for potential downgrades due to the euro-zone crisis and other issues, as well as putting more [...]

Posted in Banks, Economy, Solid Principles, U.S. Stock Market, Wall Street | Tagged as: , , , , , , ,

FLASHBACK APRIL 2011: White House Claimed S&P’s Negative Outlook on AAA was a “Political Judgment”

“I don’t think that the S&P’s political judgment is right” Quote from Austan Goolsbee, former chair of the White House Council of Economic Advisers appearing on Bloomberg in April 2011 responding to S&P’s changing of America’s triple-A rating  to a “negative” outlook . Recommend on Facebook Share on Linkedin Share with Stumblers Tweet about it [...]

Posted in Debt Ceiling, Deficit Spending, Flashback | Tagged as: , , , , , , , , , , , , , | Leave a comment

Will Moody’s Rank AAA-merica as Ca-merica?

Moody’s Investors Service warned that it might review the government’s Aaa debt rating for a possible downgrade as early as next month if there is no progress toward a deal in Washington to increase the $14.294 trillion federal borrowing limit and cut deficits. A short time after that announcement Thursday, a meeting at the White [...]

Posted in 112th Congress, Barack Obama, Deficit Spending, Economy | Tagged as: , , , , , , | Leave a comment

Moody’s Downgrades Ireland

By MARK BROWN And MARTIN VAUGHAN LONDON—Moody’s Investors Service Inc. downgraded Ireland’s government debt by two notches Friday, taking the country to the brink of junk status, and kept its outlook negative. The agency, cutting Ireland’s bond ratings to Baa3, one notch above junk, from Baa1, said it was responding to a likely deterioration in [...]

Posted in All Things Irish, Business, Euro Zone, Solid Principles, Wall Street Journal | Tagged as: , , , , | Leave a comment

EU Sees Wider Greek Deficit, Roiling Markets

Bonds Fall as Investors View Bailout and Default as Givens By CHARLES FORELLE BRUSSELS—New figures revealed that Greece’s debt crisis is even worse than investors believed, delivering a fresh shock to European markets and all but ensuring that the International Monetary Fund and euro-zone countries will have to step in within weeks to bail out [...]

Posted in Bond Markets, Business, Euro Zone, Greece, IMF, Solid Principles, Wall Street Journal | Tagged as: , , , , , , , , , , , , , | 1 Comment