All the headlines from our Moodys Topic Page, ordered by recency.
Jun 1 2010 // A Manhattan federal judge said on Tuesday that it was unfair to hold Moody’s Investors Service and Standard & Poor’s liable as “underwriters” on securities offerings needing their ratings, as he...
May 5 2010 // The largest U.S. public pension fund has won a court ruling allowing it to proceed with its lawsuit accusing the three biggest credit rating agencies of assigning “wildly inaccurate and unreasonably high”...
Apr 5 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service.Losses from...
Apr 5 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service.Losses from...
Mar 26 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service.Losses from...
Mar 16 2010 // Moody’s Investors Service announced it has affirmed the A3 rating on the California Earthquake Authority’s 6.169 percent fixed rate Series 2006-B revenue bonds (mature July 20, 2016) and changed the rating...
Jan 27 2010 // In a victory for ratings agencies, a U.S. judge Tuesday dismissed claims against Moody’s Corp. and McGraw-Hill’s Standard & Poor’s in litigation over nearly $100 billion of Lehman Brothers Holdings...
Nov 10 2009 // American International Group Inc. has made tangible progress on its restructuring plan and will likely be able to repay the government’s loan and much of its preferred equity stake, Moody’s Investors Service...
Nov 6 2009 // Fitch Ratings said Thursday it may cut its ratings on Warren Buffett’s Berkshire Hathaway Inc on concerns about the effect its planned acquisition of Burlington Northern Santa Fe Corp. will have on its asset profile...
Sep 30 2009 // The former head of compliance overseeing Moody’s Corp.’s credit ratings business was routinely ignored when he warned that the firm was not properly monitoring municipal bond ratings, according to a letter...
Sep 24 2009 // A U.S. House panel abruptly postponed a hearing into accusations that Moody’s Corp. knowingly issued incorrect ratings after Republicans demanded more time to review a whistleblower’s complaint.Democratic...
Sep 4 2009 // Global reinsurers are set to enjoy a moment in the sun as they gather in Monte Carlo this weekend, having come through the financial crisis singed rather than burned like their banking counterparts.But as top executives...
Sep 3 2009 // Credit rating agencies may find it harder to argue that their opinions deserve free speech protection after a judge rejected efforts by Moody’s Investors Service and Standard & Poor’s to dismiss a fraud...
Jul 23 2009 // Warren Buffett’s Berkshire Hathaway Inc. this week lowered its stake in credit ratings provider Moody’s Corp. to 16.98 percent from 20.4 percent, the first reported reduction since 2000.The sale of about 8...
Jul 16 2009 // Calpers, the biggest U.S. public pension fund, has sued the three largest credit rating agencies for giving perfect grades to securities that later suffered huge subprime mortgage losses.The California Public...
Apr 9 2009 // Moody’s Investors Service cut its credit ratings on Berkshire Hathaway Inc from Aaa, the top rating, saying the recession and investment losses at insurance operations of investor Warren Buffett’s holding...
Oct 28 2008 // Responding to news that Loews Corp., the parent company of commercial insurer CNA Financial Corp., will pour up to $1.25 billion into CNA to boost its surplus, rating agencies A.M. Best Co. and Moody’s said...
Oct 23 2008 // The top executive of Moody’s warned his board in 2007 that the quality of credit ratings was in danger due to trends that could “place the entire financial system at risk.”The confidential briefing was...
Sep 21 2008 // Credit rating agencies, criticized for moving too slowly in cutting ratings on Wall Street firms and the complex instruments they devised, are now accused of acting too quickly.As the credit crisis enters a new phase, the...
Jul 14 2008 // Battered by critics who blame them for helping to foment the U.S. subprime mortgage meltdown, credit raters are now trying to fend off lawsuits — including fraud claims brought by their own shareholders.Many...