Aug 11
After downgrade of US by S&P, there are chances of axe falling on countries like France, UK. Just a rumor of France’s downgrade from AAA lead to steep fall of DOW and NASDAQ yesterday. Societe Generale stocks were down 21%. In past 2 years there had been many downgrades in European Union countries or we …
Permanent link to this article: http://www.wealthson.com/1628/credit-ratings-of-european-union-countries-by-top-3-rating-agencies
Permanent link to this article: http://www.wealthson.com/1528/sp-further-downgrades-greece-to-cc-long-term-rating-and-c-short-term-rating
Jul 27
It is a well known fact that the overreliance on credit rating agencies was a major cause of credit bubble. In a move to curb the powers of credit rating agencies, the US Security and Exchange Commission adopted a new criteria where companies seeking ‘Short Form’ while registering for new securities for public sale will …
Permanent link to this article: http://www.wealthson.com/1524/sec-adopts-new-short-form-criteria-to-replace-credit-ratings
Permanent link to this article: http://www.wealthson.com/1389/moodys-cut-irelands-rating-to-junk
Jul 06
This was evident and had to happen. As Moody’s downgraded Portugal to Ba2 status which means that the government bonds of Portugal are now in Junk category, the 10-Year yield of Portugal government bonds shot up by almost 2% today. It also had an affect on other PIIGS nations. All of them experienced rise in …
Permanent link to this article: http://www.wealthson.com/1358/affect-of-portugal-downgrade-is-here
Permanent link to this article: http://www.wealthson.com/1342/welcome-aboard-portugal-here-is-your-ba2-ticket
Permanent link to this article: http://www.wealthson.com/1330/how-credit-rating-agencies-mislead-us
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Name: Hitesh
