ratings agencies

How the Ratings Agencies Lost the Will to Say 'No'

During Friday's hearings in Washington, ex-employees of Standard & Poors and Moody's, told a dark, detailed tale of how the ratings agencies produced inflated ratings. The biggest factor: "The threat of losing business to competitor rating agencies."

Emails Put New Heat on the Credit Rating Agencies

The Senate Committee on Homeland Security and Governmental Affairs release scads of new documents. They provide a flavor for the behind-the-scenes pressure on analysts to maintain market share by keeping banks happy. The revelations are indeed telling.

Legal Briefing: Ratings Agencies Testify Before Congress

In Friday's legal news, ratings agencies will testify before the Senate Permanent Subcommittee on Investigations, Rod Blagojevich's bribery case could turn into a major headache for President Obama, and don't drink and ride your bike in Washington, D.C. or you could face criminal charges.