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Warren Buffett and the Rating Agencies
nytimes.com - 3/18/2009
Warren Buffett and the Rating Agencies
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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 the Oracle of Omaha, owns a stake of roughly ...
reuters.com - 3/19/2009
Moody's may cut $241 billion jumbo mortgage debt | Markets | Bonds News
— 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 | ...

Comments vote down Calculated Risk found this 3/19/2009found this
reuters.com - 3/13/2009
Moody's may cut ratings on 23 U.S. regional banks | Industries | Financial Services & Real Estate
— reuters.com — NEW YORK, March 12 (Reuters) - Moody's Investors Service on Thursday said it may cut the bank... financial strength ratings of 23 U.S. regional banks because the housing and economic crisis will lead to significantly higher credit losses than it earlier ... (more) Moody's may cut ratings on 23 U.S. regional banks | ...

Comments vote down ETF Trends found this 3/13/2009found this
1440 Wall Street
1440wallstreet.com - 3/20/2009
1440 Wall Street
— 1440wallstreet.com — Ratings Agencies to Cash in on the TALF StockJockey's avatar The ratings agencies no doubt love the... attention that has been focused on AIG over the past week, but they could soon have their place on the hotseat when Main Street catches wind of this - ... (more) 1440 Wall Street

Comments vote down naked capitalism found this 3/20/2009found this

Blog Reactions

The Big Picture:  When is Warren Buffett going to fix Moody’s?

Abnormal Returns:  Wednesday links: bonus blowback

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Blog Reactions

When is Warren Buffett going to fix Moody’s?
The Big Picture — ... The NYT asks the above interesting question of Mr. Buffett. Given he is the largest shareholder (~20%) in Moody’s, its a fair query. ...

Wednesday links: bonus blowback
Abnormal Returns — ... Why hasn’t Warren Buffett been more vocal on the role the rating agencies played in the current crisis?  (NYTimes.com) ...

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