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Blagojevich woes to cost Illinois money
The Swampby Frank James Many people may not know (I didn't until a few minutes ago) that Gov. Rod Blagojevich's problems could potentially cost Illinois taxpayers significant money. How so? A Bloomberg report explains: Fitch Ratings cut the credit rating...Tags: Rod Blagojevich, Marvin Gaye, Credit and Debt, Executive Branch, Credit Ratings
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Schumer: The Sen. from the Great State of CYA
Spin CycleIt's kind of like reading a novel about a schizophrenic Senator who can't resist doing favors for donors, but feels bad about it after he lets them wreck the nation's economy. For some light weekend reading, you might want......Tags: Banking, Mutual Funds, The New York Times, Securities, Corporate Crime
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Auto Loan Delinquencies Expected to Rise 7%
KickingTiresThe rate of auto loan delinquencies in the U.S. will grow by 7% in 2010, according to TransUnion, one of the country???s largest credit rating agencies. Driven by an unemployment rate of roughly 10%, the rise in the delinquency rate......Tags: Credit and Debt, Credit Ratings, Politics, Vehicles, Freedom of the Press
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Today's News From the Cars.com Family
KickingTiresAsk.cars.com takes on the issue of car loans today. Just how much will your credit rating affect the terms of your loan? The answer is complicated. Elsewhere, this may be one of the last years you??????ll be able to drive......Tags: Credit and Debt, Credit Ratings, Hummer, Services and Shopping, Ford
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Execs off the hook at S&P
You may have heard last week about a couple of big lawsuits brought by federal and state governments, alleging that the credit rating agency Standard & Poor's concocted a fraudulent scheme that contributed to trillions of dollars in investment losses...
Tags: Mortgages, McGraw-Hill Incorporated, Credit Ratings, Financial Markets, Investment Service
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The vendetta against S&P, part II
WASHINGTON -- My last column on the federal suit against the bond-rating rating agency Standard & Poor's drew some critical reactions that are worth sharing with readers. In the column, I argued that S&P, which badly erred in rating bonds tied to home...
Tags: Mortgages, Securities, Financial and Business Services, Credit Ratings, Economy, Business and Finance
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MarksJarvis: Stocks rally after retreat from 'fiscal cliff'
There was a sigh of relief heard round the world Wednesday as Congress used New Year's Day to close the curtain on "fiscal cliff" theatrics and save most Americans from sharp tax increases that were expected to induce a recession. But as the Dow Jones...
Tags: Fiscal Cliff, New Year's Day, Public Finance, Credit and Debt, Credit Ratings
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Should the U.S. raise the debt ceiling?
Yes The government is often criticized for not managing its budget with a business-minded approach. No business would survive with as much debt as the U.S. government has racked up in the last few decades. The national debt was $14.2 trillion as of...Tags: Budgets and Budgeting, Credit Ratings, Bankruptcy, Companies and Corporations, Economy, Business and Finance
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Can the U.S. shrug off its debt rating?
No Standard & Poor’s revaluation of our debt rating should have been a “duh” moment for most Americans. Our nation has been deemed a credit risk. While AA+ is still a good score, the company has already warned that it could drop once...Tags: George W. Bush, Bankruptcy, Unrest, Conflicts and War, Minor League Baseball, World War II (1939-1945)
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Tribune sets buyback
Tribune staff reportersTribune Co., in a move that aims to boost its stock price but saddle the company with a punishing debt load, on Tuesday disclosed a plan to buy back a quarter of its outstanding shares at a cost of more than $2 billion. The Chicago media concern, which...Tags: Mass Media, The New York Times, Auction Service, Chicago Cubs, Tribune Company
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PA joins the blame game against Standard & Poor's over financial crisis
Watchdog with Paul MuschickPennsylvania was among several states that filed lawsuits Tuesday alleging that credit rating agency Standard & Poor's contributed to the nation's financial crisis by fudging its ratings. S&P is accused of misconduct involving securities backed by...
Dec 16, 2008
|Blog| Chicago Tribune
Jan 18, 2009
|Blog| Newsday
Dec 16, 2009
|Blog| Cars.com
Jul 23, 2008
|Blog| Cars.com
Feb 9, 2013
|Column| Los Angeles Times
Feb 12, 2013
|Column| Orlando Sentinel
Jan 3, 2013
|Column| Chicago Tribune
Dec 2, 2011
|Column| Chicago Tribune
Jul 18, 2011
|Column| Daily American
Aug 8, 2011
|Column| Daily American
May 31, 2006
|Column| Chicago Tribune
Feb 5, 2013
| Allentown Morning Call
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