rating-agencies

Credit raters could catch a break in Wall Street bill

Embattled credit-rating agencies like Moody’s Corp and Standard & Poor’s could catch a break on Tuesday when U.S. lawmakers sit down to craft a final rewrite of financial regulations.

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Credit raters could catch a break in Wall Street bill

rating-agencies

Hovnanian CEO: Jury still out on tax credit impact

The CEO of Hovnanian Enterprises Inc. said Thursday a final push by homebuyers in April to qualify for a government tax credit didn’t give the homebuilder’s sales as big a boost as he’d hoped.

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Hovnanian CEO: Jury still out on tax credit impact

rating-agencies

Credit Rating Agencies Downgrade BP

Credit rating agencies Fitch and Moody’s have downgraded BP, citing the costs of plugging and cleaning up the disastrous oil leak in the Gulf of Mexico. Fitch estimates that costs could approach $3 billion this year. Other analysts say BP may have to shell out $40 billion over the long term

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Credit Rating Agencies Downgrade BP

rating-agencies

Credit-Rating Agencies, Buffett Face Financial Panel

Looking at credit-rating companies, the Financial Crisis Inquiry Commission tackled conflicts of interest, the complexity of mortgage securities and the timeless relevance of I Love Lucy

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Credit-Rating Agencies, Buffett Face Financial Panel

rating-agencies

Buffett put on defensive over credit raters

Billionaire investor Warren Buffett distanced himself from embattled credit rating agencies, saying they have lost some of their investment appeal amid criticism of their role in fueling the financial crisis.

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Buffett put on defensive over credit raters

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