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Credit Rating Agencies

The Brian Lehrer Show

Allegations of Fraud Against S&P

Wednesday, February 06, 2013

The U.S. Justice Department has brought civil fraud charges against the credit-ratings agency Standard & Poor's. Felix Salmon, finance blogger for Reuters, explains what the suit means.

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The Takeaway

S&P Downgrade Roils Markets, Worries Consumers

Monday, August 08, 2011

Standard and Poor’s downgrade of the United States' credit rating on Friday, for the first time in history, brought condemnation from government officials, and fears of market turmoil. S&P's managing editor, John Chambers, told ABC News' "This Week" that there was a one in three chance of a further downgrade. He also said that the U.S. could regain its AAA rating, but warned that it may take as long as two decades — if it happens at all.

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The Takeaway

As Debt Talks Falter, Moody's Places U.S. Credit Rating Under Review

Thursday, July 14, 2011

Responding to concerns that lawmakers in Washington will fail to reach an agreement on raising the country's debt threshold, credit ratings agency Moody's placed the U.S.'s credit rating under review for the first time since the federal government shutdown in 1995. The U.S. still risks losing the Aaa rating it has had since 1917, even if lawmakers come to a last minute agreement before the August 2 deadline.

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It's A Free Country ®

Explainer: Why Do We Listen to S&P?

Tuesday, April 19, 2011

Yesterday Standard & Poor's downgraded the outlook for U.S. sovereign credit ratings from 'stable' to 'negative.' That prompted It's a Free Country readers to ask one question over and over again: after the worst economic disaster since the Great Depression, why do we even listen to credit rating agencies like S&P anymore?

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