credit rating agencies
He wants to end a conflict of interest in how debt is rated.
The presidential hopeful says the industry has a major conflict of interest. He's not wrong.
New York City has more outstanding debt than ever before, and Mayor Bill de Blasio has proposed a 10-year capital plan that will increase it substantially. Now is the time to consider how much debt is appropriate.
If your credit report has mistaken, don't become just another statistic and don't stop fighting. Here are four unconventional tactics you can use to stick it to the credit man and get the results you want.
In a recent editorial, the Wall Street Journal wrote a disastrous economic prescription for Illinois, one that calls for a "big bang" of the sort that has blown up Kansas' budget and turned that state into a poster child for reckless and short-sighted financial management.
The indications we've been given -- although no one is willing to state definitively what the final rule is likely to include -- suggest that we shouldn't get our hopes up that our chief concerns will be comprehensively or even meaningfully addressed. We hope we are reading those indications wrong.
The nation's for-profit credit reporting companies, which developed credit reports as a tool for lenders, have sought new markets for their product and aggressively marketed them to employers -- evidence be damned.
"I'd say that this debt that has piled up for decades in Puerto Rico is directly related to our status," Pedro Pierluisi
Now is the time for a new globalization, that can be either multipolar, based on fair development, stability and innovation or confrontational, based on privileges, speculation and inequities. This means making choices and changes in many sectors: let's begin with credit rating.
As an avid Yankees fan, I'm very sad to see Mariano "Mo" Rivera retire after 19 seasons in major league baseball. But I'm excited by the lessons we can all learn from him and how they can help you improve your credit.
If you somehow missed out on all the fun of the last financial crisis, don't worry: We're apparently slowly building up to
It's long been suspected that ratings agencies like Moody's and Standard & Poor's helped trigger the meltdown. A new trove
In that, S&P does have a point: You did have to be kind of an idiot to actually believe that its ratings meant anything. Everybody
Like your car or your body, your credit is something that needs a regular review so that it keeps getting healthier and doesn't "deteriorate" on you.
Animosity towards ratings agencies has resulted in the widespread distrust of their predictive capacities on the part of many in the world of finance. At best, many investors now see the ratings given by S&P et al. as meaningless posturing, and at worst as complete untruths.