Tag Archives: Moody's

Standard & Poor’s downgraded the U.S.’s AAA credit rating

Standard & Poor’s downgraded the U.S.’s AAA credit rating for the first time, slamming the nation’s political process and criticizing lawmakers for failing to cut spending enough to reduce record budget deficits. S&P lowered the U.S. one level to AA+ while … Continue reading

| Tagged , , , , , , ,

New Fine Gael and labour government policy = perpetual debt

 

| Tagged , , , , , , ,

Moody’s downgrades Ireland to junk

Just over the wire Moody’s downgrades Ireland to junk (Ba1) Same as Portugal So what does this tell us .It tells us that the markets do not believe Ireland can pay its debts at no matter how low the interest … Continue reading

| Tagged , , , , , ,

Moody’s Report Blasts China Solvency

Wednesday, July 06, 2011 –  by Staff Report Here comes Moody’s with a blockbuster which may put China’s “White Knight” status, at least as far as Europe is concerned, in grave danger. In a report just released, the rating agency … Continue reading

| Tagged , , , , , , ,

Rating Agency Finds “China Debt Problem Bigger Than Stated”

by Tyler Durden The timing on the earlier pronouncement that rating agencies may have found religion could not have been better. Not even an hour later, here comes Moody’s with a blockbuster which may put China‘s “White Knight” status, at … Continue reading

| Tagged , , , , , , | 1 Comment

Liar, Liar, European Pants on Fire!

By  Reggie Middelton  When I say that much of the EU is lying about their financial prospects and Greece (among other countries) will restructure or default, you may or may not listen (quite possibly to your detriment). When the ratings … Continue reading

| Tagged , , , , , , , ,

Portugal Warns of Political Crisis and Need for Bailout

With all eyes focused on Japan, it’s easy to miss significant events elsewhere. For example, the sovereign debt crisis is still unfolding in Europe, and the “agreement” in Brussels last week solved nothing even though one might not know it … Continue reading

| Tagged , , , , , , , | 1 Comment

Reggie Middleton’s take on Moody’s very late, appropriate Greek downgrade

Moody’s Very Late, But Nevertheless Quite Appropriate Greek Downgrade Inches Us Closer To the Rate Volatility Storm For the past two years, and particularly over the last couple of months,  I have been harping on the coming interest rate volatility … Continue reading

| Tagged , , , , , , , ,

Bond fears put bank ratings at risk

By Emmet Oliver and Laura Noonan Friday February 11 2011 IRISH banks are facing a damaging downgrade by a key rating agency due to recent comments by some opposition spokespeople about ‘burning’ bondholders, the Irish Independent has learned. Moody’s, one … Continue reading

| Tagged , , , , , , , | 3 Comments

Ireland’s credit rating grouped with Botswana

By Donal O’Donovan and Emmet Oliver Thursday February 03 2011 RATINGS agency Standard & Poor’s (S&P) has cut Ireland‘s credit rating again, saying it’s still not certain how much it will cost to rescue the country’s banks. Ireland was cut … Continue reading

| Tagged , , , , , , ,