247wallst.com - 10/22/2009
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Moody’s (NYSE:MCO) lead analyst covering US debt said that the Amercan goverment could lose its “AAA” rating if it cannot cut the deficit and budget gaps in the next three to four years.
Steven Hess told Reuters: “The Aaa rating of the U.S. is not guaranteed.” The ...
cnbc.com - 10/22/2009
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cnbc.com —
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 ...
(more)
Reducing Deficit Key to US Rating: Moody
calculatedriskblog.com - 10/20/2009
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calculatedriskblog.com —
From Bloomberg: U.S. Commercial Property Values Fall 3%
in August (ht James) The Moody’s/REAL Commercial Property Price...
Indices fell 3 percent in August from July, bringing the market’s decline to almost 41 percent since its peak in October 2007, ...
(more)
Moody’s: CRE Prices Off 41 Percent from Peak, Off 3% in ...
baselinescenario.com - 10/21/2009
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baselinescenario.com —
Kevin Hall of McClatchy has an article about
Moody’s that goes beyond the usual — giving AAA...
ratings to products “structured by cows” and taking money from the cows (actually, the “cows” comment was from S&P). He documents how Moody’s forced out ...
(more)
The Problem at Moody’s
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Closing Bell: DJIA component earnings lift market (EBAY, HTE, MI, MCD, MMM)
BloggingStocks —
... Markets rose substantially at the end of the day, in part led by the strong earnings reports from 5 of 30 DJIA components this morning alone. This was despite the discussions of the risks of the US's Triple-A rating, another drop in home prices, and despite ...
Don't Panic About Soaring U.S. Debt, But Do Worry, Economist Reinhart Says
Yahoo! Finance: Tech Ticker —
"The Aaa rating of the U.S. is not guaranteed." Those comments were made recently by Moody's Steven Hess, adding that America could lose its "Aaa" rating if debt and deficit gaps are not cut in three to four years. That's not good news as the U.S. deficit reached a record $1.4 trillion in the year ended Sept. 30. "Downgrade is a real possibility," says our guest Carmen Reinhart, an economics professor at the University of Maryland and former IMF economist. While Reinhart and other economists agree we don't want to scale back stimulus programs prematurely -- and kill the ...
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Is The U.S. “AAA” Rating Really At Risk? – 24/7 Wall Street
247wallst.com 5/13/2009 — Burning Money Pic If you have ever seen a market get spooked or wanted to see something cause a stir, imagine if the U.S. government’s prized “AAA” rating was at risk. That is exactly what the Financial Times was discussing this morning. Be advised, ...
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hf-implode.com 26 days ago — "he basic premise: The average maturities of new debt issuance by Moody’s-rated banks around the world fell from 7.2 years to 4.7 years over the last five years — the shortest average maturity on record.That means banks will face maturing debt of $10,000bn between now and the end of 2015, or ...
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bloomberg.com 5/21/2009 — U.K. May Lose AAA Rating at S&P as Finances Weaken (Update1) By Lukanyo Mnyanda May 21 (Bloomberg) -- Britain may lose its top-level credit rating at Standard & Poor’s for the first time as the government’s finances deteriorate amid the worst ...
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