General News

Civil rights complaint targets Wall Street rating firms
By Kenneth R. Harney — Moody's and Fitch's high ratings of subprime mortgage bonds may have disproportionately harmed black and Latino home buyers
Nov 30 2008, LOS ANGELES, CALIFORNIA, USA (LA TIMES)

Rating Agencies Under Review for Downgrade
By Tom Sullivan — Major SEC action is needed to reform the Big Three rating agencies
Nov 29 2008, NEW YORK, USA (BARRONS)

Senate Probe to Look at Bond-Rating Firms
By Evan Perez — Probe to determine whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments that have since collapsed
Nov 20 2008, WASHINGTON, D.C., USA (WALL STREET JOURNAL)

Ratings agencies left their seal on meltdown
By Jim Landers — Blame credit agencies, who put the seal of approval on most failed securities
Oct 21 2008, WASHINGTON, D.C., USA (DALLAS NEWS)

Credit Rating Agencies Fending Off Lawsuits from Subprime Meltdown
By Martha Graybow — Credit raters are now trying to fend off lawsuits -- including fraud claims brought by their own shareholders
Jul 14 2008, USA (INSURANCE JOURNAL)

, Moody's , & Fitch

Rating Agencies Blamed (Again) for Subprime Meltdown
By Ashby Jones — federal civil rights lawsuits filed against Moody’s and Fitch
Dec 03 2008, NEW YORK, USA (WALL STREET JOURNAL)

Credit and Credibility
By NOW News Staff — Former S&P Manager reveals what was really going on behind closed doors at the credit rating agencies (video)
Nov 21 2008, NEW YORK, USA (PBS)

Wall Street Hoped They'd Be "Wealthy And Retired" Before The House of Cards Fell
By Meg Marco — S&P employee: "Let's hope we are all wealthy and retired by the time this house of cards falters"
Oct 23 2008, NEW YORK, USA (CONSUMERIST.COM)

Oversight Committee Hearing on Credit Rating Agencies and the Financial Crisis
By 'Karina', The Gavel, Speaker of the House Blog — Congressional Oversight Committee holds hearing on actions of the three largest credit rating agencies
Oct 22 2008, WASHINGTON, D.C., USA (.GOV)

Rating Practices

IOSCO Report on the Activities of Credit Rating Agencies
By International Organization of Securities Commissions — A technical analysis of CRA activities
Sep 2003, MADRID, SPAIN (IOSCO.ORG)

IOSCO Statement of Principles Regarding the Activities of Credit Rating Agencies
By International Organization of Securities Commissions — A set of IOSCO principles regarding the activities of CRAs
Sep 25 2003, MADRID, SPAIN (IOSCO.ORG)