Words matter. These are the best Credit Rating Quotes from famous people such as Walker Stapleton, Lee Myung-bak, Richard Thaler, John Delaney, Ruben Hinojosa, and they’re great for sharing with your friends.
Reforming PERA will strengthen and improve Colorado’s all-important long term standing with credit rating agencies.
Talking about Korea, it has pretty high capital ratios at banks and maintains a good credit rating.
Morality aside, there are other factors deterring ‘strategic defaults,’ whether in recourse or nonrecourse states. These include the economic and emotional costs of giving up one’s home and moving, the perceived social stigma of defaulting, and a serious hit to a borrower’s credit rating.
An institution that borrows on a non-prioritized basis would never contemplate borrowing on a prioritized basis. Doing so would undermine its standing in the bond market and suggest that it is not worthy of its strong credit rating. This type of self-imposed downgrade would materially affect its financial prospects.
A person’s credit report is one of the most important tools consumers can use to maintain their financial security and credit rating, but for so long many did not know how to obtain one, or what to do with the information it provided.
I’m the treasurer of the state of Ohio, where, when the United States credit rating was downgraded for the first time in American history, and 14 government funds around the country were downgraded, we earned the highest rating we could earn on our $4 billion investment fund.
Michigan is also the only industrial state that has a AAA credit rating.
We may very well be faced with the choice of retaining the AAA credit rating or abandoning some of our key infrastructure projects, which are about jobs for the future. I will choose jobs in that equation every time.
Regardless of what our national credit rating is, people will always want a roof over their heads, food on their tables, fuel for their cars, and clothes on their backs.
Minnesotans lost their jobs because the credit rating agencies didn’t do the only job they’re supposed to have, the only job they had, which is to give accurate, objective ratings to financial products.
The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It’s unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.
We have got this Damocles’ sword of Standard and Poor’s hanging over us, with the commitment they have made to review Britain’s credit rating in the summer of 2010 after the general election. Everybody in Britain has a vital interest in ensuring that the triple A credit rating agency is maintained.
Today, credit rating agencies rate companies, countries and bonds.
