Fitch Ratings

The Financial Landscape: Wins for Wal-Mart, Utilities

The Supreme Court kept up its corporatist streak Monday, handing down two key decisions that were certain to please the Chamber of Commerce. The first helped Wal-Mart quash a massive class action sex discrimination suit; the second stopped states from suing power companies over greenhouse gas emissions.

The Mortgage Mess: Blame Banks, Not Homeowners

After an exhaustive examination, DailyFinance's legal reporter comes to a clear verdict: Banks are responsible for 90% of the problem, homeowners 10%. Banks have done three things to create the massive glut of foreclosures choking America's legal systems and laying waste to its real estate markets.

Ireland's Credit Rating Downgraded 3 Notches by Fitch

Fitch Ratings has downgraded Ireland three notches from A to BBB , citing the costs of restructuring the Irish banking system, the country's weak growth prospects, and uncertainty about its economy due to the deepening financial crisis, despite the international economic assistance it received last month.

Biz Brief: Fitch Ratings Warns the U.K.

In the debt and credit mess that now extends clear across Europe, Fitch Ratings has put the U.K. on notice to get its finances into much better shape -- pronto.

Ratings Agencies Brace for Financial Reform

The details may yet change, but the massive financial reform legislation now winding around Capitol Hill promises to seriously rearrange the rating agencies' formerly cozy and profitable business. Here's a look at what's coming.