• Rating Agencies

    The film introduces into the activity of rating agencies and their growing importance for developing countries.

    published: 08 Mar 2013
  • Credit ratings agencies

    Italy is firmly back in the firing line of the eurozone debt crisis after credit ratings agency Moody's delivered a stinging downgrade to Baa2 from A3, saying Rome was now "more likely to experience a further sharp increase in its funding costs or the loss of market access" for borrowing. Credit ratings agencies and how they operate.

    published: 13 Jul 2012
  • Risk Rating Agency

    published: 08 Nov 2016
  • Credit rating / credit rating agencies

    The big short 2015

    published: 06 Jun 2016
  • Inside Job - The Rating Agencies

    Inside Job - The Rating Agencies

    published: 06 Jul 2011
  • Ratings Agency Accused of Fraud

    CCTV's Karina Huber in New York reports on Standard & Poor's being sued by the government. For the first time ever, a rating agency is being accused of fraud.

    published: 06 Feb 2013
  • Exclusive interview with senior VP of credit ratings agency Moody's

    CCTVNews reporter Guan Xin sat down with Tom Byrne, senior VP of credit ratings agency Moody's. Byrne to talk about China's economy and shared his thoughts about China's economic outlook and debt management.

    published: 28 Apr 2014
  • Fitch Ratings - John Olert Interview Rating Agencies

    published: 14 Oct 2014
  • How credit agencies work

    On Aug. 5, America's credit rating was cut from AAA to a AA+ by the ratings agency Standard & Poor's. The following Monday, the Dow Jones Industrials Average fell more than five percent. That's got people wondering exactly what a ratings agency is, and why it's so powerful. Senior Editor Paddy Hirsch explains.

    published: 08 Aug 2011
  • What is CREDIT RATING AGENCY? What does CREDIT RATING AGENCY mean? CREDIT RATING AGENCY meaning

    What is CREDIT RATING AGENCY? What does CREDIT RATING AGENCY mean? CREDIT RATING AGENCY meaning - CREDIT RATING AGENCY definition - CREDIT RATING AGENCY explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some cases, of the servicers of the underlying debt, but not of individual consumers. The debt instruments rated by CRAs include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collate...

    published: 12 Apr 2017
  • S&P ratings agency loses class action

    In a landmark Federal Court decision this week, ratings agency S&P was found to have engaged in misleading and deceptive conduct and liable for losses suffered by a number of Australian councils. Moira Saville, Partner at King & Wood Mallesons joins us in the studio to discuss this case and what it means for ratings agencies going forward.

    published: 09 Nov 2012
  • Downgrade for the ratings agencies?

    They downgraded the US and added theatrics to the debt ceiling debate - but who are these ratings agencies? They seem to wield immense power and influence over the global economy - a mere warning from one of them can rock markets, influence the debate by governments, with ripple effects that trickle down to individual citizens. But whose interests do they really serve? And does their track record prove they may deserve a downgrade. Follow Lauren on Twitter: http://twitter.com/LaurenLyster

    published: 12 Aug 2011
  • Problems With Credit Rating Agencies

    Professor Timothy Sinclair, University of Warwick Getting credit ratings 'right' seems vitally important to many professional observers and politicians. The increasingly volatile nature of markets in a post-Bretton Woods world of international capital mobility has created a crisis in relations between the rating agencies and governments, which seek to monitor the performance of the agencies and stimulate 'reform' in their procedures and business models, even if the exact purpose of this reform seems to elude them. This process started with the Enron bankruptcy, but the subprime crisis has generated a veritable 'moral panic' about agency performance in relation to asset-backed securities. In pursuing improvement in the rating system policy-makers need to appreciate the limits to rating. Ou...

    published: 22 Jun 2011
  • Credit Rating Agencies and the Financial Crisis (Part 1 of 2)

    Credit Rating Agencies and the Financial Crisis (Part 1 of 2) - Committee on Oversight and Government Reform - Tape Deck 01 - 2008-10-22 - The Committee held a hearing titled, "Credit Rating Agencies and the Financial Crisis" on Wednesday, October 22, 2008, in 2154 Rayburn House Office Building. The hearing examined the actions of the three largest credit rating agencies, Standard and Poor's, Moody's Corporation, and Fitch Ratings, leading up to the current financial crisis. Video provided by the U.S. House of Representatives.

    published: 13 Feb 2011
  • Credit rating agency downgrades South Africa to junk status

    An international credit rating agency has downgraded South Africa to junk status, following the country's controversial cabinet shake-up last Friday. Standard and Poor’s cut the African nation’s sovereign credit rating by one notch to BBPlus. The agency says the changes by President Jacob Zuma have jeopardized South Africa’s economic prospects. Responding to the downgrade, South Africa's Treasury has said in a statement that it is committed to a predictable and consistent fiscal path. The county’s currency has already fallen three percent against the US dollar since the shake-up, and the downgrade caused further currency devaluation. Zuma has been slammed for replacing eleven of his cabinet members in a major reshuffle, with opposition parties promising a motion of no confidence against h...

    published: 04 Apr 2017
  • Warren Buffett on the Financial & Housing Crisis and Credit Rating Agencies (2010)

    A credit rating agency (CRA) is a company that assigns credit ratings for issuers of certain types of debt obligations as well as the debt instruments themselves. In some cases, the servicers of the underlying debt are also given ratings. More on Buffett: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=22f3a19f1003df6e04ad734879f32fb7&camp=1789&creative=9325&index=books&keywords=warren%20buffett In most cases, the issuers of securities are companies, special purpose entities, state and local governments, non-profit organizations, or national governments issuing debt-like securities (i.e., bonds) that can be traded on a secondary market. A credit rating for an issuer takes into consideration the issuer's credit worthiness (i.e., its ability to pay back a loan), a...

    published: 11 Jun 2013
Rating Agencies

Rating Agencies

  • Order:
  • Duration: 9:56
  • Updated: 08 Mar 2013
  • views: 12598
videos
The film introduces into the activity of rating agencies and their growing importance for developing countries.
https://wn.com/Rating_Agencies
Credit ratings agencies

Credit ratings agencies

  • Order:
  • Duration: 1:52
  • Updated: 13 Jul 2012
  • views: 5985
videos
Italy is firmly back in the firing line of the eurozone debt crisis after credit ratings agency Moody's delivered a stinging downgrade to Baa2 from A3, saying Rome was now "more likely to experience a further sharp increase in its funding costs or the loss of market access" for borrowing. Credit ratings agencies and how they operate.
https://wn.com/Credit_Ratings_Agencies
Risk Rating Agency

Risk Rating Agency

  • Order:
  • Duration: 1:28
  • Updated: 08 Nov 2016
  • views: 3
videos
https://wn.com/Risk_Rating_Agency
Credit rating / credit rating agencies

Credit rating / credit rating agencies

  • Order:
  • Duration: 2:45
  • Updated: 06 Jun 2016
  • views: 1577
videos
The big short 2015
https://wn.com/Credit_Rating_Credit_Rating_Agencies
Inside Job - The Rating Agencies

Inside Job - The Rating Agencies

  • Order:
  • Duration: 2:08
  • Updated: 06 Jul 2011
  • views: 10996
videos
Inside Job - The Rating Agencies
https://wn.com/Inside_Job_The_Rating_Agencies
Ratings Agency Accused of Fraud

Ratings Agency Accused of Fraud

  • Order:
  • Duration: 2:24
  • Updated: 06 Feb 2013
  • views: 51
videos
CCTV's Karina Huber in New York reports on Standard & Poor's being sued by the government. For the first time ever, a rating agency is being accused of fraud.
https://wn.com/Ratings_Agency_Accused_Of_Fraud
Exclusive interview with senior VP of credit ratings agency Moody's

Exclusive interview with senior VP of credit ratings agency Moody's

  • Order:
  • Duration: 2:11
  • Updated: 28 Apr 2014
  • views: 173
videos
CCTVNews reporter Guan Xin sat down with Tom Byrne, senior VP of credit ratings agency Moody's. Byrne to talk about China's economy and shared his thoughts about China's economic outlook and debt management.
https://wn.com/Exclusive_Interview_With_Senior_Vp_Of_Credit_Ratings_Agency_Moody's
Fitch Ratings - John Olert Interview Rating Agencies

Fitch Ratings - John Olert Interview Rating Agencies

  • Order:
  • Duration: 4:10
  • Updated: 14 Oct 2014
  • views: 1056
videos
https://wn.com/Fitch_Ratings_John_Olert_Interview_Rating_Agencies
How credit agencies work

How credit agencies work

  • Order:
  • Duration: 6:30
  • Updated: 08 Aug 2011
  • views: 14915
videos
On Aug. 5, America's credit rating was cut from AAA to a AA+ by the ratings agency Standard & Poor's. The following Monday, the Dow Jones Industrials Average fell more than five percent. That's got people wondering exactly what a ratings agency is, and why it's so powerful. Senior Editor Paddy Hirsch explains.
https://wn.com/How_Credit_Agencies_Work
What is CREDIT RATING AGENCY? What does CREDIT RATING AGENCY mean? CREDIT RATING AGENCY meaning

What is CREDIT RATING AGENCY? What does CREDIT RATING AGENCY mean? CREDIT RATING AGENCY meaning

  • Order:
  • Duration: 2:28
  • Updated: 12 Apr 2017
  • views: 143
videos
What is CREDIT RATING AGENCY? What does CREDIT RATING AGENCY mean? CREDIT RATING AGENCY meaning - CREDIT RATING AGENCY definition - CREDIT RATING AGENCY explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some cases, of the servicers of the underlying debt, but not of individual consumers. The debt instruments rated by CRAs include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collateralized securities, such as mortgage-backed securities and collateralized debt obligations. The issuers of the obligations or securities may be companies, special purpose entities, state or local governments, non-profit organizations, or sovereign nations. A credit rating facilitates the trading of securities on a secondary market. It affects the interest rate that a security pays out, with higher ratings leading to lower interest rates. Individual consumers are rated for creditworthiness not by credit rating agencies but by credit bureaus (also called consumer reporting agencies or credit reference agencies), which issue credit scores. The value of credit ratings for securities has been widely questioned. Hundreds of billions of securities that were given the agencies' highest ratings were downgraded to junk during the financial crisis of 2007–08. Rating downgrades during the European sovereign debt crisis of 2010–12 were blamed by EU officials for accelerating the crisis. Credit rating is a highly concentrated industry, with the "Big Three" credit rating agencies controlling approximately 95% of the ratings business. Moody's Investors Service and Standard & Poor's (S&P) together control 80% of the global market, and Fitch Ratings controls a further 15%.
https://wn.com/What_Is_Credit_Rating_Agency_What_Does_Credit_Rating_Agency_Mean_Credit_Rating_Agency_Meaning
S&P ratings agency loses class action

S&P ratings agency loses class action

  • Order:
  • Duration: 6:22
  • Updated: 09 Nov 2012
  • views: 228
videos
In a landmark Federal Court decision this week, ratings agency S&P was found to have engaged in misleading and deceptive conduct and liable for losses suffered by a number of Australian councils. Moira Saville, Partner at King & Wood Mallesons joins us in the studio to discuss this case and what it means for ratings agencies going forward.
https://wn.com/S_P_Ratings_Agency_Loses_Class_Action
Downgrade for the ratings agencies?

Downgrade for the ratings agencies?

  • Order:
  • Duration: 3:46
  • Updated: 12 Aug 2011
  • views: 3103
videos
They downgraded the US and added theatrics to the debt ceiling debate - but who are these ratings agencies? They seem to wield immense power and influence over the global economy - a mere warning from one of them can rock markets, influence the debate by governments, with ripple effects that trickle down to individual citizens. But whose interests do they really serve? And does their track record prove they may deserve a downgrade. Follow Lauren on Twitter: http://twitter.com/LaurenLyster
https://wn.com/Downgrade_For_The_Ratings_Agencies
Problems With Credit Rating Agencies

Problems With Credit Rating Agencies

  • Order:
  • Duration: 43:23
  • Updated: 22 Jun 2011
  • views: 4618
videos
Professor Timothy Sinclair, University of Warwick Getting credit ratings 'right' seems vitally important to many professional observers and politicians. The increasingly volatile nature of markets in a post-Bretton Woods world of international capital mobility has created a crisis in relations between the rating agencies and governments, which seek to monitor the performance of the agencies and stimulate 'reform' in their procedures and business models, even if the exact purpose of this reform seems to elude them. This process started with the Enron bankruptcy, but the subprime crisis has generated a veritable 'moral panic' about agency performance in relation to asset-backed securities. In pursuing improvement in the rating system policy-makers need to appreciate the limits to rating. Our expectations of the agencies are founded on a rationalist or machine-like understanding of the workings of capital markets, and on an exogenous understanding of the causes of financial crisis. This worldview implies a correct rating can be determined, and that finding this correct answer is purely a technical matter. A more accurately social and dynamic view of markets and financial crises makes the challenge of effective rating even more daunting.
https://wn.com/Problems_With_Credit_Rating_Agencies
Credit Rating Agencies and the Financial Crisis (Part 1 of 2)

Credit Rating Agencies and the Financial Crisis (Part 1 of 2)

  • Order:
  • Duration: 2:34:51
  • Updated: 13 Feb 2011
  • views: 3493
videos
Credit Rating Agencies and the Financial Crisis (Part 1 of 2) - Committee on Oversight and Government Reform - Tape Deck 01 - 2008-10-22 - The Committee held a hearing titled, "Credit Rating Agencies and the Financial Crisis" on Wednesday, October 22, 2008, in 2154 Rayburn House Office Building. The hearing examined the actions of the three largest credit rating agencies, Standard and Poor's, Moody's Corporation, and Fitch Ratings, leading up to the current financial crisis. Video provided by the U.S. House of Representatives.
https://wn.com/Credit_Rating_Agencies_And_The_Financial_Crisis_(Part_1_Of_2)
Credit rating agency downgrades South Africa to junk status

Credit rating agency downgrades South Africa to junk status

  • Order:
  • Duration: 4:12
  • Updated: 04 Apr 2017
  • views: 84
videos
An international credit rating agency has downgraded South Africa to junk status, following the country's controversial cabinet shake-up last Friday. Standard and Poor’s cut the African nation’s sovereign credit rating by one notch to BBPlus. The agency says the changes by President Jacob Zuma have jeopardized South Africa’s economic prospects. Responding to the downgrade, South Africa's Treasury has said in a statement that it is committed to a predictable and consistent fiscal path. The county’s currency has already fallen three percent against the US dollar since the shake-up, and the downgrade caused further currency devaluation. Zuma has been slammed for replacing eleven of his cabinet members in a major reshuffle, with opposition parties promising a motion of no confidence against him. Lawrence Freeman African Affairs Expert Watch Live: http://www.presstv.com/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel Dailymotion: http://www.dailymotion.com/presstv
https://wn.com/Credit_Rating_Agency_Downgrades_South_Africa_To_Junk_Status
Warren Buffett on the Financial & Housing Crisis and Credit Rating Agencies (2010)

Warren Buffett on the Financial & Housing Crisis and Credit Rating Agencies (2010)

  • Order:
  • Duration: 2:22:04
  • Updated: 11 Jun 2013
  • views: 9387
videos
A credit rating agency (CRA) is a company that assigns credit ratings for issuers of certain types of debt obligations as well as the debt instruments themselves. In some cases, the servicers of the underlying debt are also given ratings. More on Buffett: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=22f3a19f1003df6e04ad734879f32fb7&camp=1789&creative=9325&index=books&keywords=warren%20buffett In most cases, the issuers of securities are companies, special purpose entities, state and local governments, non-profit organizations, or national governments issuing debt-like securities (i.e., bonds) that can be traded on a secondary market. A credit rating for an issuer takes into consideration the issuer's credit worthiness (i.e., its ability to pay back a loan), and affects the interest rate applied to the particular security being issued. The value of such security ratings has been widely questioned after the 2007--09 financial crisis. In 2003, the U.S. Securities and Exchange Commission submitted a report to Congress detailing plans to launch an investigation into the anti-competitive practices of credit rating agencies and issues including conflicts of interest. More recently, ratings downgrades during the European sovereign debt crisis of 2010--11 have drawn criticism from the EU and individual countries. A company that issues credit scores for individual credit-worthiness is generally called a credit bureau (US) or consumer credit reporting agency (UK). Credit rating agencies have been subject to the following criticisms: Credit rating agencies do not downgrade companies promptly enough. For example, Enron's rating remained at investment grade four days before the company went bankrupt, despite the fact that credit rating agencies had been aware of the company's problems for months. Or, for example, Moody's gave Freddie Mac's preferred stock the top rating until Warren Buffett talked about Freddie on CNBC and on the next day Moody's downgraded Freddie to one tick above junk bonds. Some empirical studies have documented that yield spreads of corporate bonds start to expand as credit quality deteriorates but before a rating downgrade, implying that the market often leads a downgrade and questioning the informational value of credit ratings. This has led to suggestions that, rather than rely on CRA ratings in financial regulation, financial regulators should instead require banks, broker-dealers and insurance firms (among others) to use credit spreads when calculating the risk in their portfolio. Large corporate rating agencies have been criticized for having too familiar a relationship with company management, possibly opening themselves to undue influence or the vulnerability of being misled. These agencies meet frequently in person with the management of many companies, and advise on actions the company should take to maintain a certain rating. Furthermore, because information about ratings changes from the larger CRAs can spread so quickly (by word of mouth, email, etc.), the larger CRAs charge debt issuers, rather than investors, for their ratings. This has led to accusations that these CRAs are plagued by conflicts of interest that might inhibit them from providing accurate and honest ratings. At the same time, more generally, the largest agencies (Moody's and Standard & Poor's) are often seen as promoting a narrow-minded focus on credit ratings, possibly at the expense of employees, the environment, or long-term research and development. These accusations are not entirely consistent: on one hand, the larger CRAs are accused of being too cozy with the companies they rate, and on the other hand they are accused of being too focused on a company's "bottom line" and unwilling to listen to a company's explanations for its actions. While often accused of being too close to company management of their existing clients, CRAs have also been accused of engaging in heavy-handed "blackmail" tactics in order to solicit business from new clients, and lowering ratings for those firms . For instance, Moody's published an "unsolicited" rating of Hannover Re, with a subsequent letter to the insurance firm indicating that "it looked forward to the day Hannover would be willing to pay". When Hannover management refused, Moody's continued to give Hannover Re ratings, which were downgraded over successive years, all while making payment requests that the insurer rebuffed. In 2004, Moody's cut Hannover's debt to junk status, and even though the insurer's other rating agencies gave it strong marks, shareholders were shocked by the downgrade and Hannover lost $175 million USD in market capitalization. http://en.wikipedia.org/wiki/Credit_rating_agency
https://wn.com/Warren_Buffett_On_The_Financial_Housing_Crisis_And_Credit_Rating_Agencies_(2010)
×