ft.com - 3/24/2009
—
General Electric ’s financial health came under renewed focus on Monday as Moody’s stripped the conglomerate of the triple-A rating it had held for 42 years and challenged its executives’ pledge that its finance arm would be profitable this year. A downgrade by Moody’s was expected following ...
reuters.com - 3/19/2009
—
reuters.com —
NEW YORK, March 19 (Reuters) - In a
move reflecting widening stress in the U.S. housing market,...
Moody's Investors Service on Thursday said it may downgrade $240.7 billion of securities backed by prime-quality "jumbo" U.S. residential mortgages ...
(more)
Moody's may cut $241 billion jumbo mortgage debt
| ...
nytimes.com - 3/18/2009
—
nytimes.com —
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 ...
(more)
Warren Buffett and the Rating Agencies
hf-implode.com - 3/26/2009
Comments
Blog Reactions
Moody’s strips GE of AAA rating
FT Alphaville —
General Electric’s financial health came under renewed focus on Monday as Moody’s stripped the group of its long-held triple-A rating and questioned GE’s pledge that its finance arm would be profitable this year. The move was expected after rival S&P recently lowered GE’s rating by one notch to AA-plus. But Moody’s went a step further, cutting GE’s rating by two notches from triple A to Aa2, saying the financial crisis had increased the risks associated with GE Capital.
THE FINTAG NEWSLETTER @ 24 March 2009
FiNTAG - Hedge Fund News, Views, Opinions and Gossip —
... Fintag says Here we go again ... For those at GLG who cannot see this blog, try using gtunnel.com. MOODY'S STRIPS GE OF TRIPLE-A RATING financial times ...
Related Content
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 ...
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 ...
Defending the UK’s triple A
ftalphaville.ft.com 5/21/2009 — - Fitch and Moody's have both come out to affirm the UK's triple A rating and a stable outlook for it. Snaps below:
RTRS - MOODY'S SAYS ITS UK SOVEREIGN RATING IS STABLE AND NOT UNDER REVIEW
RTRS - MOODY'S SAYS UK HAS ENOUGH BALANCE SHEET ...
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 ...
U.S.’s Aaa Credit Rating Is Stable, Moody’s Says (Update3)
bloomberg.com 5/28/2009 — May 27 (Bloomberg) -- The U.S. government’s Aaa credit rating is stable “even with a significant deterioration” in the nation’s debt, Moody’s Investors Service said, signaling confidence in a rebound from the recession. The U.S. rating is supported ...
Reducing Deficit Key to US Rating: Moody
cnbc.com 10/22/2009 — The United States, which posted a record deficit in the last fiscal year, may lose its Aaa-rating if it does not reduce the gap to manageable levels in the next 3-4 years, Moody's Investors Service said on Thursday. The U.S. government posted a ...
Moody's says could cut GE's triple-A credit rating
reuters.com 1/28/2009 — 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 ...
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.
...
FT.com / Capital Markets - Moody’s shakes up its triple A ratings
ft.com 2/11/2009 — The world’s most highly rated countries have for the first time been put into different categories reflecting their risks for credit downgrades, in a sign of the deepening financial crisis. Moody’s Investors Service on Thursday split the 18 triple A ...
Follow WallStreetBlips on Twitter
