Standard & Poor's Fundamentals of Corporate Credit Analysis by Blaise, Ganguin

Standard & Poor's Fundamentals of Corporate Credit Analysis



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Standard & Poor's Fundamentals of Corporate Credit Analysis Blaise, Ganguin ebook
Publisher: McGraw-Hill
Format: pdf
Page: 463
ISBN: 0071454586,


Assistant Treasury secretary for economic policy, said in a blog post the decision to downgrade the U.S. [Updated] Ratings agency Standard & Poor's [S&P] has lowered its outlook on Bermuda from stable to negative and affirmed its 'AA-/A-1+' long- and short-term issuer credit ratings [ICR] on the island. Austan Goolsbee, the chairman of the White House Council of Economic Advisers, said Standard & Poor's made a “political judgment” when it dropped its outlook for the U.S. Though the credit rating agency Standard & Poor's no longer believes the United States merits a top triple-A rating, it is prepared to put its stamp of approval on a set of bonds backed by subprime mortgages, only a few years after its high ratings of other subprime-backed securities helped set the stage Shortly after the downgrade, a blog post at the Web site of the U.S. Government from “stable” to “negative" because of the budget deficit and rising debt. Policy makers might not reach an agreement on how to address medium- and long-term budgetary challenges by 2013,” credit analyst Nikola G. Jacuzzi Brands Corporation Appoints New President of Global Spa Business. Though Bermuda has seen its outlook adjusted, like a number of other jurisdictions, the Government said they “pleased that the underlying fundamentals and strengths of our Bermuda economy have been recognised and that we have not been downgraded.”. Even after being shown errors in its analysis raised “fundamental questions about the credibility and integrity of S&P's ratings actions.” .. Because such debt carried top credit ratings from firms such as Standard & Poor's, few financial executives paid attention to the potential dangers. The ratings agencies have admitted to US government enquiries recently that they took money in return for ratings that were not based on any fundamental assessments other than the cash they were being paid. Treasury said that "fundamental questions" had been raised about S&P's "credibility and integrity. In this regard, when the May warning was given the UK government, the relevant Standard & Poor's credit analyst said that: The rating could be lowered if we conclude that, following the . What appears to be underway is a possible situation where fundamental and technical analysis signal two very different outcomes. S&P's report is titled “Emerging market Credit Metrics: Ratings Trends in China Turn Negative.” The report is from the Global Fixed Income Research unit and S&P points out that corporate downgrades are edging up as investors continue to wait for China to inject more stimulus. €�We believe there is a material risk that U.S.