Tag Archives: moodi’s

Rating agencies provide investment and credit opinions on the ability of companies and countries to meet their debt obligations – and their views are critical to investment decisions made by banks, pension funds and other financial institutions. Their views can wipe millions off bond and share prices, as well as make credit more expensive. The global credit-rating market is dominated …

In the good old days, miners did take a canary to work with them in coal mines. If dangerous gases such as carbon monoxide collected in the mine, they would kill the bird before killing the miners. Thus providing a warning to exit the mine immediately and stay alive. In an ideal world, the rating agencies would play the part …