The U.S. national debt figure currently stands at $36.2 trillion. That’s a whopping 124% of the country’s GDP. In 2011, the ...

the credit rating agencies have become the target of criticism, this time on account of apparently lenient ratings granted to complex financial instruments backed by “subprime” mortgages.

Federal worker layoffs and uncertainty over policy changes under the Trump administration have caused D.C. to lose its top ...

The investigations came as the US senate voted in favour of tougher regulation of the credit rating agencies, which have been blamed for their part in the financial crisis. Under the proposals ...

The rise of private credit ... rating agency was rating them, they said they were double A or triple A, but they effectively ...

But the conferences had barely ended when a new crisis erupted. The epicenter of the crisis had changed—from Asia to the United States and Europe. And the buzzwords had, too. Securitization, subprime ...

German Chancellor Angela Merkel speaking in Tokyo criticized credit ... sub-prime debt. Addressing an economic symposium during her three day tour of Japan, the German leader said ratings agencies ...

Credit-rating agencies, like Standard & Poor’s, Moody’s, and Fitch, erroneously gave these bundles of subprime mortgages ... Leading to Global Financial Crisis The financial markets ...