Justice Department sues S&P over securities ratings
Jim Burress Feb 5, 2013
In a lawsuit filed late Monday, the U.S. Department of Justice claims the credit rating firm Standard & Poor’s knew some $4 billion worth of mortgage-backed securities were risky.
French credit rating slips, but national attitude is defiant
Kai Ryssdal Nov 20, 2012
French bonds fell today in the wake of Moody's downgrading the nation's credit rating. So is the second largest economy in Europe shrugging its collective shoulders? Non!
CFPB to oversee credit reporting agencies
Scott Tong Jul 16, 2012
The Consumer Financial Protection Bureau said this morning it will assume oversight of the credit reporting industry.
China: Stuck with its addiction to U.S. debt
Rob Schmitz Nov 3, 2011
Shanghai's Pudong district...built with help from the purchase of US debt.
Officially, the response from China's government to...
MID-DAY UPDATE: Davos and FCIC
Katharine Crnko Jan 27, 2011
The World Economic Forum is underway in Davos, Switzerland, and already we're hearing from forum participants. A senior executive of Goldman Sachs...
MIDDAY UPDATE: Renting, credit cards, and buzzwords
Katharine Crnko Dec 23, 2010
Today, Mark Zandi of Moody's Analytics released a list of 55 U.S. organized according to how cost effective it is to rent a home, rather than buy....
