fix credit rating

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TradeTheTrend asked: Fitch Ratings cut BP Plc’s (NYSE:BP) credit rating Tuesday to two above “junk” due to the mounting costs of the clean-up in the Gulf of Mexico oil spill, as well as the company’s ability to meet future liabilities, according to a Bloomberg report. The company’s long-term issuer default and senior unsecured ratings were [...]

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TruthFN asked: Today S&P Ratings Agency hinted that they may downgrade the domestic debt of Britain. They are only a few years late. AAA means nothing after the fraud that was AAA mortgage-backed debt. The whole ratings game is a giant fraud on investors all over the world.Bill

EUXTV asked: European Commission President Jose Manuel Barroso told the European Parliament in Brussels on Wednesday that it’s time for the European Union to act against what he considers as irresponsible behaviour by international credit rating agencies such as Fitch and Standard & Poor’s over the Greek government’s debt crisis. Barroso said he will see [...]

VOAvideo asked: In the wake of the US financial crisis of 2008, there are questions about how credit rating agencies should operate. VOA’s Philip Alexiou has more in this edition of “Money In Motion”.Diane

TradeTheTrend asked: KB Home (KBH) is down 5.06% and trading at its session low of $10.30 as the housing sector slides with the broader market and KB gets an extra push from a Standard & Poor’s downgrade of its corporate credit rating. KB Home and other home builder stocks have been under selling pressure throughout [...]

StockMarketFunding asked: www.stockmarketfunding.com Bank bailouts bleeding Ireland! Ireland’s credit rating downgraded by Moody’s StockmarketFunding.com’s CEO & Chief Economic Analyst Mario Marciano alerted investors and traders over a year ago of the credit risks of the Eurozone, specifically Ireland and how the risks were systemic and would ultimately lead to debt downgrades. We highlighted the problems [...]

france24english asked: FINANCIAL CRISIS – Spain’s stock market closed down 2.99 percent Wednesday after ratings agency Standard & Poor’s cut the country’s credit rating to AA from AA+, warning it could face another downgrade.Judy

STRATFORvideo asked: Analyst Marko Papic explores the geopolitics behind the EU’s plans to create a body to supervise US-based credit rating agencies.Lonnie