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Dear Standard & Poor's,
On May 18 we wrote that we appreciate how busy you and the other credit rating agencies are overseas, what with Europe gridlocked at the intersection of debt and social democracy. We offered to keep you posted on another basket case, the insolvent state...
Tags: Health Insurance Cost, Pat Quinn, Democratic Party, Parties and Movements, Illinois Governor
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Democrats, GOP lawmakers disagree on need for special session
Democrats and Republicans sparred Tuesday over whether a special session of the General Assembly is needed to pass tax increases to avert steep budget cuts, while Moody's Investors Service warned the situation could hurt the credit ratings of localities...
Tags: Democratic Party, Casino and Gambling Industry, Annapolis, Calvert County, Credit Ratings
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Moody's cuts Illinois debt rating
Clout StreetThough Illinois took steps in the last year to address its fiscal crisis, including a temporary hike in the corporate and personal income tax rates, the steps did not lift the ratings on its debt. As the state prepares to take $800 million in general...Tags: Credit Ratings, Personal Income, Moody's Corporation
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Socialist Hollande Ousts Sarkozy As French Leader
ReutersPARIS (Reuters) - Socialist Francois Hollande swept to victory in France's presidential election on Sunday in a swing to the left at the heart of Europe that could start a pushback against German-led austerity. Hollande beat conservative incumbentNicolas...Tags: Market and Exchange, Paris (France), France, Foreign Exchange Market, Political Systems
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JPMorgan $2 Billion Loss Hits Shares, Credit, Image
ReutersNEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for...Tags: Barney Frank, The New York Times, Standard & Poor's Financial Services LLC, Finance, Tampa
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It's time to reevaluate the airport
The withdrawal of American Airlines from Bob Hope Airport is more than just another bump in the road for the regional airfield. __________________________________ FOR THE RECORD: This editorial incorrectly stated the number of passengers the Bob Hope...Tags: Los Angeles International Airport, American Airlines, Inc., Bob Hope, Credit Ratings, Air Transportation Industry
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The river of no return
Regarding your article in the Burbank Leader on June 4, “Airport gets credit rating warning,” yes, the people of Glendale, Burbank, and Pasadena should be very concerned about the rating that has just come out by Fitch — that gives the...Tags: Bob Hope, Credit Ratings, Pasadena (Los Angeles, California), Credit and Debt, Burbank (Los Angeles, California)
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Airport is 'a good steward of public funds'
In the June 4 print versions of the Burbank Leader and Glendale News-Press, the sub-headline said Fitch “questioned” the Burbank-Glendale-Pasadena Airport Authority’s proposed use of bonds for the transportation center (“Airport...Tags: Bob Hope, Transportation, Credit Ratings, Pasadena (Los Angeles, California), Finance
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Mayor agrees to remove homes with estimated water bills from tax sale
Mayor Stephanie Rawlings-Blake agreed Friday to stop seizing homes over unpaid water bills in cases where the bills were estimated, a practice that city officials say led to widespread inaccuracies. The move is a compromise between Rawlings-Blake and...Tags: Credit Ratings, Credit and Debt
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WMU expects to save $1.5M with refinancing deal
The Winchester SunThe Winchester Municipal Utilities Commission expects to save $1.5 million over the next 20 years by refinancing a 2002 bond. Thanks to an A rating from Standard and Poor’s Rating Service and lower interest rates, WMU will retire the original...Tags: Money and Monetary Policy, Credit Ratings, Finance, Credit and Debt, Banking
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Fitch raises Ford's credit rating to investment grade from junk
Fitch Ratings likes what it currently sees in Ford Motor Co., upgrading the automaker’s credit rating Tuesday to investment grade from its long-held junk status. Determining the Dearborn, Mich., giant to now have “sufficient financial...
Tags: Google+, Energy, Prices, Credit Ratings, Finance
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Bob Hope Airport faces tough times
Thanks to the loss of an airline, declining parking revenues and fewer passengers using the airfield, Bob Hope Airport is facing one of its roughest budget years ever, officials reported this week.
Airport officials also are staring at a multimillion-...Tags: Budgets and Budgeting, Los Angeles International Airport, American Airlines, Inc., Bob Hope, Credit Ratings
Jun 25, 2012
|Story| Chicago Tribune
Apr 17, 2012
|Story| Baltimore Sun
Jan 6, 2012
|Story| Chicago Tribune
May 6, 2012
|Story| Chicago Tribune
May 12, 2012
|Story| Chicago Tribune
Jan 20, 2012
|Story| Burbank Leader
Jun 7, 2011
|Story| Burbank Leader
Jun 24, 2011
|Story| Glendale News Press
Mar 23, 2012
|Story| Baltimore Sun
Apr 6, 2012
|Story| Winchester Sun
Apr 24, 2012
|Story| Los Angeles Times
Mar 11, 2012
|Story| Glendale News Press
Original site for Ratings topic gallery.
