Republicans Immunize Rating Agencies from Accountability in Financial Choice Act No government regulation will ever apply to any rating agency that the government regulates, according to the Financial Choice Act. Continue ReadingRepublicans Immunize Rating Agencies from Accountability in Financial Choice Act
S&P Settles: Now How About that US Bond Rating? In its settlement with the Department of Justice, S&P has backed off its assertion that the federal lawsuit was filed Continue ReadingS&P Settles: Now How About that US Bond Rating?
This column explains how and why sovereign ratings and bond yields failed to anticipate the Eurozone debt crisis. It also argues that, paradoxically, sovereign ratings are now valuable risk indicators Continue ReadingEurozone, Sovereign Ratings and Bond Yields