May 28 (Bloomberg) — New Zealand’s dollar advanced, reversing a decline, after Standard & Poor’s raised the outlook on the country’s sovereign debt rating to stable from negative. Australia’s currency strengthened.
Britain’s debt outlook lowered to negative (AP via Yahoo! News)
Britain faces the unsettling possibility of seeing its debt rating downgraded, after credit ratings firm Standard & Poor’s said Thursday it has revised the country’s outlook to negative from stable.
Attorney General Investigates Debt Settlement Companies (13WHAM Rochester)
Rochester, N.Y. — Debt consolidation companies promise to help consumers reduce their credit-card debt over a few months or years. If it sounds too good to be true, NYS Attorney…
Homebuilders: A Report Card (BusinessWeek Online via Yahoo! News)
Despite more than three years of deteriorating housing market conditions, Standard & Poor’s Ratings Services does not see evidence that the steady erosion of the creditworthiness of many U.S. homebuilders has abated. However, we do believe that several trends may emerge over the next 12 months that could signal an inflection point in the housing cycle.
Municipal Debt: The Next Theft – The Market Ticker
As such the correct course of action is to issue fixed-rate term debt securities that fully cover the anticipated amortization of the asset(s) you’re attempting to finance. Nothing else makes economic sense and the “salesmen” from these …
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