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  • Moody's May Downgrade Up to $450 Billion of Bank Debt

    Nov 19th, 2009 - Bloomberg

    Nov. 19 (Bloomberg) -- Moody’s Investors Service isreviewing about $450 billion of bank hybrid and subordinatednotes for possible downgrade after changing the assumptionsunderlying its ratings of the debt.

  • CIT Group files for bankruptcy

    Nov 2nd, 2009 - Washington Post

    NEW YORK (Reuters) - CIT Group Inc, a lender to hundreds of thousands of small and medium-sized businesses, filed for bankruptcy on Sunday, as the global financial crisis left it unable to fund itself and the recession clobbered its loans.

  • Japan central bank to end corporate debt buying

    Oct 30th, 2009 - Forbes

    TOKYO -- Japan's central bank said it will stop buying corporate debt in December, ending some of the emergency credit measures implemented earlier this year as it battled recession...

  • FDIC: limited extension of bank debt guarantees

    Oct 20th, 2009 - Forbes

    WASHINGTON -- Federal regulators on Tuesday offered a limited emergency extension of a rescue program that guarantees hundreds of billions of dollars in U.S. banks' debt. The board of the Federal Deposit Insurance Corp...

  • S&P places Orbitz ratings on CreditWatch negative

    May 22nd, 2009 - Forbes

    Standard & Poor's Ratings Services on Friday placed its ratings on Orbitz Worldwide Inc. on CreditWatch with negative implications. The Chicago-based travel Web site's "B" corporate credit rating was among those put on watch.

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