Contrarian Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Contrarian Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: pcyhuang	3/20/2010 9:18:28 AM
	Read Replies (1) of 4080

ABK,MBI: Benefiting From Loosening Credit Standards for Munis Busniessinsider.com reports: Moody's is now being pressured by politics to loosen their credit standards for munis. Moody's Investors Service plans in mid-April to move to a global scale for its municipal bond ratings so that they are more in line with its corporate debt ratings, after postponing the initiative during the height of the financial crisis. The rating agency's announcement of the move came a day after Senate Banking Committee chairman Christopher Dodd, D-Conn., unveiled a redrafted financial regulatory reform proposal that would mandate such changes, similar to the reform bill the House passed in December. Moody's said yesterday that it will take about four weeks to fully replace all of its 70,000 "sale-level" ratings for outstanding muni bond issues of 18,000 issuers. Source: businessinsider.com Cheers,

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next