Standard and Poor's
Alaska Receives Credit Rating Upgrade to AA+
By admin - Posted on April 3rd, 2008
ACES, AGIA and Budget Reserves Credited
April 2, 2008, Juneau, Alaska – Alaska Governor Sarah Palin announced that national rating agency Standard & Poor’s is increasing its rating on the State of Alaska from AA to AA+. The last time the State’s rating was upgraded was on August 5, 1992 when Standard & Poor’s shifted from AA- to AA.
Trans-Alaska oil pipeline over the Tanana River: Photo by Frank K. (CC) » read more »
EU to Probe Moody's, Standard and Poor's for Failing to Warn of Subprime Mortgage Problems
By admin - Posted on August 17th, 2007
16 August 2007 -- The European Union is expected to review credit rating companies after allegations that they were too slow to warn of problems with the U.S. home loan businesses.
French President Nicholas Sarkozy has urged the group of seven industrialized nations to better monitor international financial markets in the face of global credit concerns. His appeal in a letter to German Chancellor Angela Merkel was made public Thursday as the French stock market dropped to its lowest level this year. » read more »
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