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Posts Tagged ‘finance’

Credit rating

Not personal credit ratings, however — corporate credit ratings.  The insightful Big Picture has another post about the causes of the crisis in the financial markets.  This time he highlights the role of the credit rating agencies in causing the crisis.
Back in the day the credit rating agencies such as Moodys and Standard & Poors [...]

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EDS AG?

Now that’s interesting: Deutsche Telekom in exploratory talks with EDS.  It’s been a while since I have heard an EDS takeover rumor advance to the point of being reported semi-openly.  I wonder how reliable this rumor is.

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Every time I read an article like HSBC to Write Down Another 4.3 Billion I like to go back and read Housing Bubble, Schmousing Bubble. In the 5 weeks or so since the experts at Frontburner pronounced that the subprime crisis has peaked, major US banks have announced almost $50 billion in losses and [...]

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