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Criticism of credit ratings firms. European commissioner Barnier calls for banning credit raings on countries receiving financial aid after Moody's strongly downgraded Protugal's debt ratingin July 2011. The problems of credit ratings being very pro-cyclical and the need to reduce the role of ratings in the market and regulatory framework in Europe.
Grouped Articles
ECB Chief Seeks Tighter Fiscal Union
Wall Street Journal 06/22/2010
What Crisis? Big Ratings Firms Stronger Than Ever
Wall Street Journal 03/10/2016
Ratings Gag Is No Joking Matter
Wall Street Journal 07/12/2011
Debt Raters Avoid Overhaul After Crisis
New York Times 12/08/2009
Wall Street Journal 07/23/2011
S&P downgrades U.S. credit rating for first time - The Washington Post
Washington Post 08/06/2011
Moody's says it did not know of MF Global's huge bets on sovereign European bonds until 3 days before its downgrade of MF Global to junk status.
Grouped Articles
MF Global Customers WIll Recover All They Lost
New York Times 11/05/2013
Moody's: MF Bet Was Surprise to It
Wall Street Journal 01/31/2012
Rating Firms Face Pressure on Hill
Wall Street Journal 02/01/2012
Moody's Defends Bank Rating Cuts
Wall Street Journal 06/23/2012
Vows of Change at Moody's, but Flaws Remain the Same
New York Times 04/14/2011
Grouped Articles
Debt Watchdogs: Tamed or Caught Napping?
New York Times 12/07/2008
Raters Fail to See Defaults Coming
Wall Street Journal 08/12/2011
Moody's Cuts Credit Ratings of 15 Big Banks
New York Times 06/21/2012
Moody's Defends Bank Rating Cuts
Wall Street Journal 06/23/2012
Vows of Change at Moody's, but Flaws Remain the Same
New York Times 04/14/2011
Grouped Articles
Debt Watchdogs: Tamed or Caught Napping?
New York Times 12/07/2008
Moody's Tops Profit Forecasts, Shares Rally
Wall Street Journal 04/28/2011
Debt Raters Avoid Overhaul After Crisis
New York Times 12/08/2009
Raters Fail to See Defaults Coming
Wall Street Journal 08/12/2011
Wall Street Journal 06/22/2012
Moody's Defends Bank Rating Cuts
Wall Street Journal 06/23/2012
The first major credit ratings downgrade by Moody's for U.S. and European banks since 2007.
Grouped Articles
Wall Street Journal 06/22/2012
Moody's Cuts Credit Ratings of 15 Big Banks
New York Times 06/21/2012
Moody's Defends Bank Rating Cuts
Wall Street Journal 06/23/2012
A Sober New Reality in Credit Downgrades for Banks
New York Times 06/22/2012
Italian Banks Downgraded by Moody's
Wall Street Journal 07/17/2012
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