W. M. Blake asked: Anyone who has checked into their credit score has probably found the rating scale to be somewhat confusing. There are a bunch of numbers, each meaning something different. Understanding how this rating works will help you to read your credit score effectively.There are several pieces of information reviewed by companies when [...]
HuffPostFund asked: Although the nations largest credit rating companies are blamed for underestimating much of the risk that led to the financial crisis, so far they have dodged any significant consequences. Investors lost billions of dollars on bonds awarded top ratings by Moodys, Standard & Poors and Fitch, and now Congress wants answers. But will [...]
HuffPostFund asked: The nations biggest credit rating agencies are facing blame for underestimating the risk that led to the financial crisis. Floyd Abrams discusses his defense of Standard and Poor’s, arguing that credit rating agencies are entitled to free-speech protections similar to those given to journalists.Audrey
Bloomberg asked: March 3 (Bloomberg) — Simon Derrick, chief currency strategist at Bank of New York Mellon Corp., talks with Bloomberg’s Judith Bogner about Greece’s debt and deficit cutting measures. The European Central Bank said Greeces additional deficit-cutting measures announced today will help the country overcome its economic difficulties. (Source: Bloomberg)Evelyn