Standard & Poor's Fundamentals of Corporate Credit Analysis. Blaise, Ganguin

Standard & Poor's Fundamentals of Corporate Credit Analysis


Standard.Poor.s.Fundamentals.of.Corporate.Credit.Analysis.pdf
ISBN: 0071454586, | 463 pages | 12 Mb


Download Standard & Poor's Fundamentals of Corporate Credit Analysis



Standard & Poor's Fundamentals of Corporate Credit Analysis Blaise, Ganguin
Publisher: McGraw-Hill




While investment banks are struggling and cutting jobs, ratings agencies such as S&P and Moody's are growing their revenues and hiring. Commentary and analysis from outside voices in venture capital, hedge funds and economics. The corporation analyzes issuers and debt obligations of corporations, states and municipalities, financial According to the lawsuit, an unidentified S&P analyst, listed in the complaint as "Analyst D", wrote a parody of the song and emailed it to friends. Meanwhile, the Department of Justice complaint against S&P says financial institutions relied on credit ratings "to identify and compare risks" among various instruments. Perhaps because I'm not an economist, I can't at all interest myself in the question of whether the US “deserved” to have its credit rating downgraded (as Standard and Poor's has done). While S&P, Moody's and the other mainstream ratings agencies have done a pretty good job on corporate and municipal debt ratings over the past century and more, when it comes to sovereigns and other highly politicized situations, their records are rather poor, if you'll forgive the But in the world of sovereign debt, S&P is forced to evaluate many more subjective facts than are involved in a simple analysis of the probability of default of, say, General Electric or IBM. Standard & Poor's Fundamentals of Corporate Credit Analysis. And only point us towards a simpler way of addressing the problem: Standard and Poor's is a self-interested corporate entity and it is acting in accordance with what it perceives its self-interest to be, in precisely the way that self-interested corporate entities will consistently do. Discovery and Carbon Tracker recently collaborated with global credit-ratings agency Standard & Poors to publish 'What a carbon-constrained future could mean for oil companies' creditworthiness'. Let's call this “fundamental analysis”. Perhaps most significantly the scenario saw the fundamental business model of these companies called into question. Standard & Poor's Equity Research offers fundamental coverage on over 2,000 stocks. (S&P) provides credit ratings, indices, investment research, risk evaluation and data for investors. Standard & Poors analysts discuss the analysis on its Credit Matters website. Fitch Ratings recently (November 6, 2012) upgraded Turkey's long-term foreign currency credit rating to Investment Grade, “BBB-“, which is great news. Job News & Advice S&P, Moody's Creating Six-Figure Jobs in Finance. In this article, I argue that there is a high probability that Turkey will receive an upgrade from S&P or Moody's, therefore achieve a “real” investment grade status “if” the CDS spreads for 5 year Turkish Government Bonds (currently 1.27%) fall below 110 basis points (1.1%). Made by Richard Smith of the Australian Broadcasting Corporation. This is also "According to Fitch Ratings (2007), around 60% of all global structured products were AAA-rated, compared to less than 1% for corporate and financial issues." How can a majority of a .