credit rating
Here’s why Moody’s just downgraded six Canadian banks
‘Downside risks’ to economic growth have enhanced banks’ vulnerability to household debt
Moody’s ranks Canada better than most
In a report released on Thursday, Moody’s Investors Service not only confirmed Canada’s triple-A rating but said the country held up to the effects of the global recession “better than most other top-rated sovereigns.”
Why the U.S. needs to take a long, hard look at the size of its government
The real issue is not how to keep credit rating agencies compliant with official thinking, but how to return the American economy to the robust and dynamic powerhouse it has been throughout its history
What it takes to get back to AAA
Washington doesn’t have to look far for examples of how to climb back from a downgrade
S&P sends U.S. political leaders a message
Last Friday, the Standard & Poor’s rating agency made history by ratcheting the U.S. credit rating down a notch from AAA to AA+. (The two other major rating agencies, Moody’s and Fitch, kept the U.S. at AAA.) The Obama administration argued S&P overestimated the U.S. debt by over $2 trillion. And though S&P recognized the error, it argued the debt ceiling deal was inadequate to maintain an impeccable credit rating.