Developing Affordable Housing Ecosystems World Wide
If you can’t report the news on time, the news you eventually report is almost always bad. I formulated this theory in 1977, and it’s served me well ever since.
It was a time of tight jeans and floppy hair
As the subprime mess reaches saturation of troubled borrowers and dissipates into tardy omnibus rescue legislation [...]
[Continued from the previous Part 1 and Part 2.]
For the previous two days, we’ve been delving into whether, as implied by a Wall Street Journal article on the rating agencies, Moody’s got so cozy with the issuers it was rating, and who were paying its fees, that it succumbed to grade inflation.
[For background on the [...]
[Continued from yesterday's Part 1.]
Yesterday we tackled a tough subject — how much opportunity should an issuer have to work with a rating agency to achieve a target result?
[For background on the rating agencies, see my five-part post from last August, A Symbiote's Life is Not a Happy One, Part 1, Part 2, Part 3, Part [...]
How much opportunity should an issuer have to work with a rating agency to achieve a target result?
[For background on the rating agencies, see my five-part post from last August, A Symbiote's Life is Not a Happy One, Part 1, Part 2, Part 3, Part 4, and Part 5.]
Mel: You mean to tell me that you [...]
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