The coalition has long banked the credibility of its deficit reduction programme on the verdict of the global credit rating agencies, Moody's, Standard and Poor's and Fitch.
On July 17th, Moody's, a credit-rating agency, gave warning that it was considering downgrading South Africa's sovereign debt to sub-investment grade, a move that would deter much-needed foreign investment.
After Friday's close, Moody's downgraded Belgium two notches, citing uncertainties about funding, economic growth and the nation's balance sheet.
Macroeconomics Advisers, Moody's, the CBO all estimate massive job loss if the sequester is allowed to take effect.
In an early sign of trouble, Moody's, a credit-rating agency, recently downgraded the debt of three power projects in Indonesia.
On February 24th, Moody's, another rating agency, said that some German life insurers will be under pressure for several years because of their weak capitalisation.
Macro Economic Advisors, Moody's, they have assessed it, such as it is, and made that same point, even as they said that there are some positive proposals within it.
In a March report after the Census news, analyst Beth Foos of Moody's Investors Service, part of Moody's Corp.
The point is that neither investors nor Moody's believe that the biggest, most complex banks would be left by the Treasury to founder and die at the mercy of markets: the likes of HSBC and Barclays would, in the words of Moody's, still benefit from the probability of systemic support.
The US still has its AAA from Fitch and Moody's (though in the case of Moody's, there's a negative outlook).
John O'Sullivan , Editor of the National Review and representatives from Solomon Brothers, Smith Barney, Moody's Investor Services, Bankers Trust, Bear Stearns and U.S. Trust.
The plan fails to respond to the true scale of the banks' problems, warns Moody's, a rating agency.
However, points out John Lonski, Moody's chief economist, net new borrowing by American firms has fallen sharply, as have repurchases of shares.
Regulators will hear testimony from a host of executives, including representatives from Citigroup, Morgan Stanley, Moody's Investors Services, AXA and Royal Dutch Shell.
And, Moody's points out, GMAC will still have substantial ties to GM (nyse: GM - news - people ), which is keeping a minority 49% stake, and thus has exposure to the outcome of GM's negotiations with its labor unions and bankrupt parts supplier Delphi (nyse: DPH - news - people ).
However, Moody's panned the move Monday afternoon, saying it marked a negative divergence with the company's practice over the past decade of not returning profits to shareholders through dividends or buybacks.
In the context of Thursday's announcement, Moody's grouped the 15 banks into three categories based on their credit worthiness.
The case of the one defendant still at large, Deep Shah, a former employee of Moody's, a ratings agency, is another Galleon-related case.
"Food inflation hurts consumption, government finances, the balance of payments and monetary policy flexibility, " Atsi Sheth, a senior analyst at Moody's, wrote in a note.
Frederic Drevon, the managing director at Moody's, admitted that he was "not satisfied" with the performance of its ratings of products based on the US housing market.
The Spanish bank Bankia, which was effectively nationalized this month, was not mentioned by Moody's, but the government was forced to step in Thursday to deny rumors of a run on bank deposits.
Mr. MARK ZANDI (Chief Economist, Moody's Economy.com): It's good to be with you, John.
Before the market imploded, almost half the revenue of Moody's, a leading agency, came from structured finance.
The discount rate for public universities fell modestly in 2012, said Mr. Nelson of Moody's, after rising from 2007 to 2011.
Meanwhile, Moody's Investor Service said that the United States government's AAA-rating is safe, but warned that it could be at risk if policymakers don't reign in its massive public debt.
"If the question has become when, and not if, a lawsuit will be filed against Moody's, then the shares are simply unbuyable, in our view, " an analyst at US investment firm BTIG, Mark Palmer, told Reuters.
Meanwhile, Moody's Investors Service said the U.S. government's AAA-rating is safe, though it noted it could be at risk if it doesn't reign in its public debt.
In August, Moody's announced it placed the debt of Centex, Lennar, and Pulte under review.
These fears spill over into the bond markets, as this week's downgrades by Moody's, a ratings agency, have underlined.
Meanwhile the government's ability to borrow money was dealt a blow last week when Moody's, a ratings agency, cut Slovenia's bonds to "junk" status.
BBC: Slovenia unveils reforms as it seeks to avoid EU bailout
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