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Credit Rating: 7 Methods to Persuade Credit Rating Agencies

post date October 6, 2010 Posted by admin

Credit Rating: 7 Methods to Persuade Credit Rating Agencies
You have to accept the fact. You are a spendthrift. Your credit record is poor. You have missed payments. Besides, you have applied for a number of loans. Is all this a crime? Read more >>

Credit rating agencies to record good business from SMEs

post date September 9, 2010 Posted by admin

Credit rating agencies to record good business from SMEs
The credit ratings industry is expected to witness growth in their business in the coming few months with the continuous rise in the number of SMEs approaching them for credit ratings. This view is also shared by officials of the Credit Analysis & Research Ltd. (CARE Ratings), Read more >>

Warren Buffett Goes Down With the Credit Ratings Agencies

post date September 6, 2010 Posted by admin

Warren Buffett Goes Down With the Credit Ratings Agencies
The bad behavior of the credit ratings agencies was a root cause of the global financial crisis. As TV pundit Charlie Gasparino put it, they have “the most corrupt business model in corporate America.”
The “big three” credit ratings houses – Moody’s, Fitch and S&P – have a Read more >>

Credit Rating Agencies – Need for Reform

post date September 2, 2010 Posted by admin

Credit Rating Agencies – Need for Reform
Credit Rating Agencies (CRAs) – Need for Reform
1. Crisis – Spotlight on CRAs
“Credit-rating agencies use their control of information to fool investors into believing that a pig is a cow and a rotten egg is a roasted chicken. Collusion and misrepresentation are not elements of a genuinely free market ” Read more >>

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