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Beyond Payday
Interview: Donald Rumsfeld

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S&P parent company McGraw-Hill faces 'death-knell' Justice Department suit

by
Stacey Vanek Smith
Feb 12, 2013
The lawsuit against Standard & Poor's seeks a $5 billion penalty that could be a 'death knell' for parent company McGraw-Hill.

The Talking Heads, DOJ and S&P

by
Nancy Marshall-Genzer
Feb 5, 2013
The Justice Department files suit against S&P and its rating of mortgage-backed securities, citing the band Talking Heads in complaint.

Financial crisis fallout: Justice Department set to charge S&P

Interview by
Kai Ryssdal
Feb 4, 2013
Reports say the U.S. Department of Justice is preparing to bring civil charges against the credit ratings agency Standard & Poor's for their part in the financial crisis of 2008. Better late than never?

Greece gets an upgrade but protests continue

Interview with
Mark Lowen
Dec 19, 2012
Greece's credit rating just got an upgrade by Standard & Poor's. The ratings agency bumped Greece up to a solid B-. And it says that rating is stable -- meaning it won't change in the next several months.

Standard & Poor's 500 drops Sears

by
Bob Moon
Aug 30, 2012
The prestigious corporate club says the big retailer's stock, which has been listed on the S&P since the 1950s, is no longer representative of the index.

U.S.'s credit rating cut defies dire predictions

by
Mark Garrison
Aug 2, 2012
A year after Standard & Poor’s cut the U.S. credit rating from AAA to AA+, interest rates are lower than ever. Who made the right -- and wrong -- predictions?

Explainer: Greece's 'selective default'

Interview with
Stephen Beard
Feb 28, 2012
Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?

S&P downgrades France and Austria from AAA rating

Interview with
Stephen Beard
Jan 16, 2012
Right after Wall Street closed on Friday, the ratings agency Standard and Poor's downgraded the credit ratings of nine European countries. France and Austria lost their prized AAA credit ratings.

Do the ratings agencies need a downgrade?

Interview with
Gregory Warner
Dec 8, 2011
Europe and the U.S. are both exploring new options for judging the value of debt after increasing threats of downgrade from agencies like S&P and Moody's.

The danger of relying on ratings agencies

by
Gregory Warner
Dec 8, 2011
As economic turmoil continues in Europe, leaders there -- and here in the U.S. -- are weary of the blind reliance on ratings agencies to value debt.

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