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Standard & Poor's Financial Services LLC

A collection of news and information related to Standard & Poor's Financial Services LLC published by this site and its partners.

Top Standard & Poor's Financial Services LLC Articles

Displaying items 23-31
  • Part two: Warning signs

    Part two: Warning signs
    When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines. There was...
  • State delays borrowing $500 million after credit rating downgrade

    State delays borrowing $500 million after credit rating downgrade
    Illinois budget officials say the state will delay today's planned sale of $500 million in construction bonds after a recent credit downgrade. A spokesman for Gov. Pat Quinn's budget office said the decision was made after conversations with potential...
  • Raise Maryland calls for higher wages for corporate employees

    Raise Maryland calls for higher wages for corporate employees
    Some members of the Rev. David Carl Olson's congregation are homeless. A few work minimum-wage jobs, he said, but they still cannot afford to leave shelters. His faith calls him to live in a world with "profoundly more justice," said Olson, who...
  • Italy's debt rating cut to 'A' by Standard & Poor's

     
    As world markets wait to see whether Greece can avoid defaulting on its debt, Standard & Poor’s delivered another reminder that Europe’s debt woes extend well beyond the cradle of Western civilization. S&P late Monday downgraded Italy’...
  • Standard & Poor's warns of downgrade on Eurozone credit ratings

     
    Standard & Poor's: The Standard & Poor's said it could downgrade long-term credit ratings for nations in the eurozone....
  • Standard & Poor's positive for 2011 once again

     
    Is the Standard & Poor's 500 positive or negative for the year? It depends on the day....
  • Standard & Poor's endorses bigger California reserve fund

     
    Democratic lawmakers and Gov. Jerry Brown have spent months disagreeing over how much money California should sock away in a rainy day fund. Lawmakers wanted to use some of the money on social services, but Brown insisted on keeping about......
  • Lawsuit filed by California against Standard & Poor's

     
    California filed suit against Wall Street's biggest credit rating agency, Standard & Poor’s, charging the firm with violating the state's False Claims Act by using “magic numbers” and “guesses” to inflate ratings that...
  • PA joins the blame game against Standard & Poor's over financial crisis

     
    Pennsylvania 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...