Tagged: Moody’s

Ratings agencies taken to task

A Senate panel concluded that the credit-rating agencies had conflicts of interest and ignored signs that fraud and lax lending had infected the housing market which triggered the economic crash.  Risk-management expert Mark Williams, a former Federal Reserve Bank examiner who teaches finance in the School of Management and is author of the just-published book […]

Moody’s: Stop printing newspapers

Moody’s Investors Service says the already low credit ratings for newspapers will fall even further if the industry doesn’t deal with the “structural disconnect” that spends 70% on non-content production.  Moving to a hybrid Web-print combination now and gradually Web-only is the only solution.  College of Communication Professor Chris Daly, an expert on the history […]