…officer of Pacific Investment Management Co., said the U.S. “eventually” will lose its AAA grade. Geithner, 47, also said that the rise in yields on Treasury securities this year “is…

This is why we don’t believe the bailout will work the way you think it will (i.e., to increase lending): Recently, securities rated AAA have changed hands for roughly 30…

…approximately a AA rating level anyway—a perfectly reasonable assumption for the reconstitution of a formerly-AAA company with some carryover liabilities. The additional equity commitment would give AIG the ability to…

…endowments and pension funds with rules requiring much of their assets to be AAA corporate debt or safer would be willing to pay much more than the actuarially fair premium…

Robert Waldmann Waxes poetic about the lost credibility of the AAA rating. For possible comic value I share my reflections. What went wrong with the ratings agencies ? I think…

…securities that weren’t rated AAA. ‘Been Bamboozled’ Congress is demanding more transparency from the Fed and Treasury on bailout, most recently during Dec. 10 hearings by the House Financial Services…

…Companies that want to issue instruments pay the agencies to rate them (AAA, BBb, etc.) for risk. The companies then sell instruments on the market to buyers who look at…

…thought they were doing the right thing because the numbers looked right, the ratings agencies gave AAA ratings, the majority of respectable financial analysts said is was the best thing…

k harris comment lifted directly from comments cactus style: Moody’s has cut Fannies financial strength rating to B from B+, but affirmed its debt rating at Aaa. Rationale? Fannie is…

The Wall Street Journal ran a story today suggesting that some people are beginning to question the US government’s AAA bond rating. As bearish as I am on the dollar,…