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Tag: Standard And Poor


U.S. Stocks Suffer Worst First Week of a Year Since Record-Keeping Began

The Dow and S&P 500 were each down about 6 percent. The rich are still rich, however.

Posted on Jan 9, 2016 READ MORE


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scott*eric (CC BY 2.0)

The Magnetar Fallout

The hedge fund Magnetar helped create billions of dollars’ worth of collateralized debt obligations that super-charged the financial meltdown, profited the company enormously and for which it’s seen no punishment. Here’s a roundup of the known charges, settlements, and investigations that stem from those deals.

Posted on May 18, 2012 READ MORE



Flickr / Davide "Dodo" Oliva

U.S. and European Markets Drop as Volatility Rises

U.S. and European markets played follow the leader Friday, as the three main stock indexes in both regions tumbled nearly 3 percent together. Among other events, analysts pointed fingers at the euro, uncertainty over President Obama’s jobs speech and doubt over Greece’s ability to address its financial problems.

Posted on Sep 9, 2011 READ MORE



Flickr / Center for American Progress

Ignore the Downgrade, Krugman Says

Two seemingly—but not actually—contradictory things must be understood to grasp the meaning of the anger and excitement over Standard & Poor’s downgrade of U.S. government debt, says Paul Krugman. (more)

Posted on Aug 8, 2011 READ MORE


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