We knew about lies, damned lies and statistics. Where do opinions and credit ratings fall?
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Tag Archives: Credit Ratings
Bond Raters Become Government Hostages
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Hostages can’t give credible opinions on their captors. The U.S. government has made ratings on its debt useless.
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Five Lasting Lessons From The Debt Ceiling Debate
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Headlines from the debt debate will fade, but what we learned will linger. The financial world is riskier than we realized.
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Reckless Opinions?
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Before I bought my car a few years ago, I did what a lot of people do — I checked …
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Breaking Dishes In The Credit Market
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Parents have a sixth sense that warns us when a small child has been too quiet for too long. We …
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Recognizing America’s Less-Than-Perfect Credit
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The U.S. Treasury is not yet a subprime borrower, but it is no longer a top-tier credit risk, either. It …
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Why Pay An Underwater Mortgage?
Closing the purchase of a new home is often stressful, but it usually is exciting, too. Not only do you …
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Michigan State Chief Gets The Message
What to do when the writing on the wall says “Pay $500 million now, or pay more later.”
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