Tag Archives: ratings agencies

The Triple-A failure: Iceland and the failure of the rating agencies

Iceland is a good example of the fallibility of the rating agencies. During Iceland’s financial crisis, no one – and least of all the rating agencies – seemed to wonder why three banks from a tiny island with no history of banking could out-earn foreign banks despite borrowing at a relatively high cost.

Posted in Sustainable Economy | Also tagged , , , | 1 Response

Credit rating agencies weigh in on independent Scotland

Alex Hern reports on the news the credit rating agencies would be unlikely to give an independent Scotland a triple-A rating.

Posted in Sustainable Economy | Also tagged , , | 17 Responses

European socialists call for regulation of the ratings agencies

Alex Hern reports on the calls from the Party of European Socialists to regulate the credit ratings agencies, and considers what the problems with such regulation may be.

Posted in Multilateral Foreign Policy | Also tagged , , , , , , , , | 32 Responses