Read more Standard and Poor stories on Newserhttp://www.newser.com/taggrid/12883/standard-and-poor.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 4:43:18 CSThttp://www.newser.com/story/74531/ohio-sues-credit-rating-agencies-for-role-in-crisis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOhio's attorney general sued the three biggest credit-rating agencies today on behalf of state employee retirement funds that lost $457 million in complex securities that imploded in the financial crisis. Richard Cordray alleges Moody's, Standard & Poor's, and Fitch conspired with issuers of the high-risk investments to give top ratings...http://www.newser.com/story/74531/ohio-sues-credit-rating-agencies-for-role-in-crisis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Nov 2009 15:29:43 CSThttp://www.newser.com/story/60432/looking-for-extra-credit-schools-get-downgraded.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe credit crunch is starting to hit even top-tier universities, the Wall Street Journal reports. Both Moody’s and S&P stripped Dartmouth of its AAA rating this week. It’s the 20th college Moody’s has downgraded this year. “That’s comparable to the rate of downgrades universities saw during the dot-com bust,” said...http://www.newser.com/story/60432/looking-for-extra-credit-schools-get-downgraded.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 29 May 2009 9:06:34 CDThttp://www.newser.com/story/60246/rating-agency-again-judges-usa-aaa.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMoody’s today reassured investors that the United States government won’t lose its AAA credit rating…yet. Last week Standard & Poor warned that it might soon drop Britain’s debt rating, sparking panic that other governments could follow. A Moody’s VP said the US’ rating is the highest possible and safe for...http://www.newser.com/story/60246/rating-agency-again-judges-usa-aaa.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 27 May 2009 11:28:01 CDThttp://www.newser.com/story/59758/dow-worries-its-way-down-130.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMarkets were off today on news that credit raters might downgrade England and other countries, the Wall Street Journal reports. Though oil remained stable, the stocks of construction-related firms like Home Depot, Caterpillar, and Alcoa plunged; the price of gold surged. The Dow was off 129.91 to 8,292....http://www.newser.com/story/59758/dow-worries-its-way-down-130.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 21 May 2009 15:13:37 CDThttp://www.newser.com/story/59726/stocks-plummet-on-uks-credit-woes.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks plummeted at today’s open after Standard & Poor’s warned it might downgrade the UK’s credit rating, the Wall Street Journal reports. The Dow tumbled 126 points, while the Nasdaq and S&P each fell more than 1%. Investors now fear other major economies, including the US, could face downgrades. Job...http://www.newser.com/story/59726/stocks-plummet-on-uks-credit-woes.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 21 May 2009 8:49:58 CDThttp://www.newser.com/story/57754/credit-rating-agencies-off-base-but-bullet-proof.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUntil the day Lehman Brothers declared bankruptcy, all three of the major credit-ratings agencies swore its debt was safe, rating it A or better. They rated AIG at AA. And they gave 75% of the $3.2 trillion of subprime mortgage securities iron-clad AAA ratings. Moody’s, S&P and Fitch were,...http://www.newser.com/story/57754/credit-rating-agencies-off-base-but-bullet-proof.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 01 May 2009 14:54:27 CDThttp://www.newser.com/story/56325/shopping-mall-giant-goes-bankrupt.html?utm_source=syn&utm_medium=rss&utm_campaign=tagChicago-based General Growth Properties, the second-largest US shopping mall owner, filed for Chapter 11 bankruptcy today after attempts to refinance more than $27 billion in debt failed, Bloomberg reports. The owner of more than 200 shopping malls owes a unit of Germany’s Commerzbank $2.6 billion, while bondholders are on...http://www.newser.com/story/56325/shopping-mall-giant-goes-bankrupt.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 16 Apr 2009 7:08:07 CDThttp://www.newser.com/story/54868/home-prices-took-record-19-dive-in-january.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUS home prices sank by 19% in January, the sharpest annual rate on record, and the pace continues to accelerate, the AP reports, but there were a handful of battered metro areas where price declines slowed, according to data released today. The tumble taken by the Standard & Poor's/Case-Shiller index...http://www.newser.com/story/54868/home-prices-took-record-19-dive-in-january.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 31 Mar 2009 10:08:12 CDThttp://www.newser.com/story/53893/disgraced-credit-raters-see-windfall-in-fed-plan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCredit-rating companies faulted for their role in creating the financial crisis could rake in more than $1 billion in Ben Bernanke’s new plan to prop up the financial system, the Wall Street Journal reports. The Fed is planning $7 billion worth of bond deals, and they'll need the approval of...http://www.newser.com/story/53893/disgraced-credit-raters-see-windfall-in-fed-plan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Mar 2009 10:49:04 CDT