telegraph.co.uk - 2/2/2009
—
Shares in the bank fell 9pc to 96p as the market opened. The bank's shares fell 31pc in January as concerns grew that it may be forced to accept a Government capital injection because of significant credit crisis-related writedowns. However, the shares recovered sharply last week after John ...
reuters.com - 1/28/2009
—
reuters.com —
BOSTON (Reuters) - Moody's Investors Service said on
Tuesday it was reviewing General Electric Co's ( GE.N...
) triple-A credit ratings, which could lead to a downgrade, and its shares fell as much as 5 percent in extended trade. The move raises the risk ...
(more)
Moody's says could cut GE's triple-A credit rating
finance.yahoo.com - 2/9/2009
—
finance.yahoo.com —
Who's next? With consumers shutting their wallets and
corporate revenues plunging, the business landscape may start to...
resemble a graveyard in 2009. Household names like Circuit City and Linens 'n Things have already perished. And chances are, those ...
(more)
15 Companies That Might Not Survive 2009 - Yahoo! Finance
calculatedriskblog.com - 2/6/2009
—
calculatedriskblog.com —
From Bloomberg: Moody’s to Review $302.6 Billion in
Commercial Debt (hat tip Bob_in_MA, Brian for the post...
title!) Moody’s Investors Service is reviewing the ratings of $302.6 billion in commercial mortgage-backed securities as real-estate values drop ...
(more)
CMBS on the Chopping Block
Comments
Blog Reactions
Barclays Downgraded
Trader Daily Combined Feed —
... and the possibility of widespread writedowns in the UK grows.
It has cut the bank's financial strength rating to C from B and cut the long-term debt rating from Aa1 to Aa3.
"The downgrades reflect Moody's expectation of potentially significant further losses at Barclays as a result of writedowns on credit market exposures as well as an increase in impairments in the UK, which could weaken profitability and capital ratios," the agency said in a statement.
Continue reading on Telegraph.co.uk
Barclays has credit rating downgraded
IEHI Feed: The Hedge Fund Implode-o-Meter —
Barclays has credit rating downgraded (telegraph.co.uk) Search Enter your search terms Web HF Submit search form 2009-02-02 " Barclays has had its credit rating downgraded by Moody's amid fears of "significant further losses" due to writedowns." ...
Related Content
Credit Crisis Indicators
calculatedriskblog.com 4/3/2009 — Here is a quick look at a few credit indicators: First, the British Bankers' Association reported that the three-month dollar Libor rates were fixed at 1.166%. The LIBOR was at 1.30% a couple of weeks ago, and peaked at 4.81875% on Oct 10, 2008. This ...
Buffett Is Unusually Silent on Rating Agencies
dealbook.blogs.nytimes.com 3/22/2009 — In his annual Berkshire Hathaway letter, Warren E. Buffett recently urged investors to pose tough questions at the shareholders meeting in May. Here is one that The New York Times's David Segal says is on the mind of some Buffett watchers: When are ...
California’s Bond Credit Rating Slashed by Moody’s (Update1)
bloomberg.com 7/20/2009 — July 14 (Bloomberg) -- California’s credit rating, the lowest of all U.S. states, was cut for the second time in as many weeks amid lawmakers’ failure to close a $26 billion deficit that left the most-populous state issuing IOUs to creditors. Moody’s ...
Moody’s Intrinsic Value
widemoatinvesting.wordpress.com 4/10/2009 — 2008 was a tough year for Moody’s Corporation, with free cash flow (FCF) levels falling to 2003 levels, or $450 million. In our previous analysis, we argued that Moody’s economic moat has shrunk over the last couple of years, as its credit ratings for ...
Moody's Strips Berkshire of Its Triple-A Rating
dealbook.blogs.nytimes.com 4/9/2009 — Moody's Investors Service, one of the main credit ratings agencies, on Wednesday downgraded Berkshire Hathaway two notches from triple-A, tarnishing the luster of Warren E. Buffett's investment vehicle.
Moody's analysts lowered Berkshire's rating to ...
Warren Buffett and the Rating Agencies
nytimes.com 3/18/2009 — In his annual Berkshire Hathaway letter, Warren E. Buffett recently urged investors to pose tough questions at the shareholders meeting in May. Here is one on the mind of some Buffett watchers: When are you going to fix Moody’s ? Mr. Buffett, known as ...
Blaming Moody’s
ritholtz.com 12/7/2008 —
“These errors make us look either incompetent at credit analysis or like we sold our soul to the devil for revenue, or a little bit of both.”
— A Moody’s managing director responding anonymously to an internal management survey, September 2007.
...
Bond Trading Highest Since ‘07
calculatedriskblog.com 2/20/2009 — From Bloomberg: Bond Trading Highest Since ‘07 as Credit Freeze Thaws Corporate bond trading in the U.S. is rising to the highest level in two years, adding to evidence that credit markets are thawing even with stocks off to their worst start since ...