Home » Posts tagged with » Moody’s

Colorado joins multi-state lawsuit against S&P

Colorado has joined the federal government and other states in suing Standard and Poor’s in connection to the ratings that the agency issued on structured financial securities, including residential mortgage-backed securities that were issued from 2004 to 2007. The lawsuit is part of a joint federal-state effort to hold those responsible for their part in… Continue Reading Colorado joins multi-state lawsuit against S&P

Credit-rating giant Moody’s downgraded Memorial Health System’s outlook from stable to negative last week, and even though the hospital has retained its A3 bond rating, it could still spell trouble down the road. A negative outlook could affect Memorial if it were seeking to borrow money, said Allan Roth, a local investment specialist and contributor… Continue Reading Moody’s downgrades Memorial outlook

Continue reading …