S.E.C. Proposes Tighter Rules for Credit Ratings Companies
Thursday, June 12th, 2008The S.E.C. proposed new rules intended to stem conflicts of interest, expand disclosure for Wall Street’s credit rating industry and flag the ratings of more complex securities.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Ratings Agencies Reach Settlement Over Fees
Saturday, June 7th, 2008The agreement reached with the New York attorney general will change the way credit rating agencies are paid by investment banks for reviewing mortgage-backed securities.
author By REUTERS, source www.nytimes.com
Rating Firms Seem Near Legal Deal on Reforms
Wednesday, June 4th, 2008Under fire for the high ratings they awarded to subprime mortgage securities, three large credit rating firms are close to announcing a broad deal with the New York attorney general.
author By JENNY ANDERSON and VIKAS BAJAJ, source www.nytimes.com
Fair Game: What a Deal: Trash for Treasuries
Monday, May 19th, 2008Part of the Federal Reserve’s plan to keep Wall Street solvent — letting banks trade hard-to-sell securities for cash — could force the taxpayers to cover losses.
author By GRETCHEN MORGENSON, source www.nytimes.com
Companies Improve Scores in Climate-Change Ranking
Wednesday, May 7th, 2008Climate Counts, the nonprofit group that scores consumer products companies’ green track records, said this year’s average score was 40 out of a possible 100.
author By CLAUDIA H. DEUTSCH, source www.nytimes.com
The Medium: Voilà (Sort Of)!
Sunday, May 4th, 2008What this year’s television upfronts will actually reveal.
author By VIRGINIA HEFFERNAN, source www.nytimes.com
Triple-A Failure
Friday, April 25th, 2008How Moody’s and other credit-rating agencies licensed the abuses that created the housing bubble — and bust.
author By ROGER LOWENSTEIN, source www.nytimes.com
The Count: Sign of Distress: More Who Can’t Pay Their Bills
Sunday, April 13th, 2008Like a ship that keeps springing new leaks, new numbers keep appearing that show an economy in distress.
author By PHYLLIS KORKKI, source www.nytimes.com
Sizing Up the Utilities, if Carbon Caps Take Hold
Sunday, April 13th, 2008Fuel prices and dividends are usually big drivers of the share prices of utilities. Now there is a new variable to consider: how much carbon their power plants emit.
author By ABBY SCHULTZ, source www.nytimes.com
National Standards to Rank Physicians Planned
Tuesday, April 1st, 2008The agreement represents a truce between doctors and health insurers in their long-standing dispute over how health plans rank physicians’ efforts in taking care of patients.
author By REED ABELSON, source www.nytimes.com
Moody’s Weighs Changes to Its Municipal Ratings
Friday, March 21st, 2008Under the proposal, cities and states could request a corporate-scale rating for their tax-exempt bonds in addition to a standard municipal rating.
author By VIKAS BAJAJ, source www.nytimes.com
Stronger Rules for Mortgages Are Proposed
Thursday, March 13th, 2008The nation’s top economic policymakers on Thursday proposed a broad series of reforms aimed at tightening oversight of financial institutions.
author By EDMUND L. ANDREWS, source www.nytimes.com
MBIA, the Bond Insurer, Asks Fitch to Quit Rating Some Units
Saturday, March 8th, 2008MBIA raised $3 billion in capital, eliminated its dividend and shut its asset-backed insurance business for six months to overcome losses on subprime mortgages.
author By BLOOMBERG NEWS, source www.nytimes.com
Presidential Primaries Lift CNN
Thursday, March 6th, 2008After a long malaise, CNN is finally getting its swagger back, in large part from high ratings from this year’s presidential race.
author By TIM ARANGO, source www.nytimes.com
Ambac Plan Disappoints Investors
Thursday, March 6th, 2008The bond insurer announced plans to sell $1.5 billion of common stock and equity units to shore up its capital base. Investors had been expecting a bigger bank-led bailout plan.
author By JULIE CRESWELL, source www.nytimes.com