Archive von 16.Juni 2008

EU’s Commissioner Rules Moody’s, S&P

Montag, 16.Juni 2008

The European Union will impose stricter oversight of credit ratings companies such as Moody’s Investors Service and Standard & Poor’s in response to record losses by banks on subprime-mortgage bonds, reports Bloomberg’s John Rega. Charlie McCreevy, EU financial services commissioner, will propose „in coming months“ that firms register with authorities, he said in Dublin today, […]