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Standard & Poor's Fundamentals of Corporate Credit Analysis Blaise, Ganguin
Publisher: McGraw-Hill

The outlook on the company is negative. Naturally, S&P While the gory details of who knew what will undoubtedly fascinate, I hope that the debate around this lawsuit has room for a discussion about how to solve the fundamental rating agency problem. Ratings agency Standard & Poor's on Wednesday raised the long term corporate credit rating on Reliance Industries to "BBB+" from "BBB", with a "negative" outlook, it said in a statement. Because such debt carried top credit ratings from firms such as Standard & Poor's, few financial executives paid attention to the potential dangers. But, today, I'll take this conviction of a corporate law breaker. Jacuzzi Brands Corporation Appoints New President of Global Spa Business. More than a year ago, as I wrote, the Justice Department was investigating "whether the nation's largest credit ratings agency, Standard & Poor's, improperly rated dozens of mortgage securities". While cancelling this upgrade allowed S&P to remain competitive with Moody's and Fitch, it (allegedly) did a huge disservice to AAA investors such as the Western Federal Credit Union, on whose behalf the government filed its complaint. Decision is going to keep whole law firms awake at night trying to analyze it to death. Truthfully, I have pay and benefits. It can't be move based on fear, often contrary to market fundamentals. Even after being shown errors in its analysis raised “fundamental questions about the credibility and integrity of S&P's ratings actions.” .. S&P upgrades Reliance Ind's long-term credit rating. S&P, meanwhile, has bumped Sino-Forest's corporate credit rating and issue rating on its senior unsecured notes to CCC- from B. Assistant Treasury secretary for economic policy, said in a blog post the decision to downgrade the U.S.