Who are the smartest and most heartless companies in the world? You bet, the banks. If you recall my article at the beginning of the year, I have
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15 European Countries at the Mercy of S&P, the all time Celebrity
I wonder if it has become an obsession or fun game for Standard & Poor’s to make their downgrades at the worst possible time. The rating company, which
Guernsey, IoM downgraded! The Puzzle of Credit Ratings
According to International Adviser, “Credit ratings agency Standard & Poor’s has downgraded Guernsey and the Isle of Man from AAA to AA+, outlook stable, owing to concerns over
Spain Downgraded Again, Greece Default Almost Certain
After Fitch Ratings downgraded Spain on Oct. 7, Standard & Poor’s cut Spain’s credit rating to AA- last week, for the third time in three years. It appears
Moody's cut the long-term debt ratings of Société Générale SA and Crédit Agricole SA
According to Wall Street Journal, Moody’s Investors Service has cut the long-term debt ratings of Société Générale SA and Crédit Agricole SA on Wednesday and kept BNP Paribas
Japan’s sovereign credit rating downgraded to AA-
Japan’s government bonds fell after the nation’s sovereign credit rating was downgraded by Standard & Poor’s, the first cut since 2002. Benchmark 10-year bonds erased gains and the