We asked that Congress direct the SEC to begin by developing clear criteria for registration, which might include requiring the agencies to demonstrate their procedures and methodologies used in developing ratings
, demonstrate that they have developed procedures for protecting non-public information and disclose the qualifications of those tasked with developing ratings
Despite the growing list of anecdotal horror stories which are heard from the Buy Side about sharply discounted secondary market valuations for CSFTs--structures, mind you, which often carry investment-grade ratings
from the major credit rating
agencies--the data for loan defaults and related losses at banks remain well below historical norms.
When Dallas researchers looked at the city's schools with the highest ratings
under its value-added system, it found that they indeed had all the attributes associated with good schools.
Fitch has also affirmed the national long-term ratings
of the following banks:
agency downgraded the long-term local currency deposit ratings
of these four banks to Ba1 from Baa3, while it lowered their long-term foreign currency deposit ratings
to Ba2 from Baa3 due to the new sovereign ceiling.
action follows the announcement by Euro Bank's ultimate parent, Societe Generale S.A.
, an international rating
agency, has announced possible revision of the ratings
of the International Bank of Azerbaijan (IBA) and AtaBank OJSC.
-- Moody's de Mexico has withdrawn the municipality of Matamoros' Ba1/A1.mx issuer ratings
. Prior to withdrawal, the ratings
had a stable outlook.
are based on each fund's Class A performance.
The second driver of the rating
actions is Moody's reduced expectation of the level of systemic support, which it believes should be incorporated in Turkish banks' deposit and senior debt ratings
has affirmed the National Ratings
of Arab International Lease (AIL), Arab Tunisian Lease (ATL), Attijari Leasing (AL), Compagnie Internationale de Leasing (CIL), El Wifack Leasing (EWL), Hannibal Lease (HL), Modern Leasing (ML), and Tunisie Leasing (TL).