S&P Downgrades French Banks
Standard & Poor's downgraded four French banks on Monday, saying that its action came as a result of its downgrade of France itself earlier in the month.
S&P Warns on Possible Downgrade of EU, Banks
Standard & Poor's, continuing a theme it began earlier this week, said Wednesday that the European Union itself could face the loss of its AAA credit rating, as could large euro zone banks.
Four Strong Companies With Stable Dividends Might Beat Treasuries
Slipping quality, miniscule returns—emerging market banana republic? Actually, U.S. Treasury bonds.
In the third quarter, an unusual situation arose in U.S. financial markets: dividend yield on stocks surpassed the interest rate on the 10-year Treasury bond. While some technical analysts saw this as a strong “buy” signal, and the market did subsequently rally, the real explanation is probably far less favorable...
A Holiday From Histrionics
McGraw-Hill, parent to Standard & Poor’s, announced on Monday that it received a Wells notice from the SEC related to S&P’s rating of a collateralized debt obligation from 2007 (yes, 2007).
U.S. Investigating Standard & Poor's Mortgage Ratings
The Justice Department is investigating S&P’s ratings of mortgage securities in the lead up to the mortgage crisis.
Wealth Transfer Implications of U.S. Debt Downgrade
An increase is possible in safe-harbor interest rates for intra-family debt transactions
If Volatile Markets Persist, Pension Funds May Flee to Bonds
If markets continue to be volatile post S&P's downgrade of U.S. debt to Double-A+, pension funds will attempt to “minimize their losses and buy bonds,” says Brett Goldstein, president of The Pension Department.
Top 5 Reasons Why U.S. Bonds Are Still a Good Bet
The United States’ reputation for backing its debt with a “full faith and credit” guarantee was tarnished by the S&P downgrade, but a beneficiary of the negative market sentiment was the very same asset class that caused the selloff in the first place: U.S. Treasuries.
Market Update: Stocks Weak, Panic in Metals, More Downgrades
After a sharp stock sell-off, gold was now trading on par with platinum.