Archive for August 2011

Bail Bonds, Bail Agency in Ventura CA 93003

If you are in need of a bail bonds service in Ventura, CA, look no further than 101 Bail Bonds. For many years we have offered bail bonds to help our clients in need. We know that having a loved one in jail can confusing, which is why we stand by our clients and explain their options to them. For a great service in Ventura, CA, call on 101 Bail Bonds.

Differential properties in the ratings of certified versus non-certified bond-rating agencies [An article from: Journal of Accounting and Economics]


Product Description

This digital document is a journal article from Journal of Accounting and Economics, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
We examine whether the properties of bond ratings from certified agencies (designated by the Securities and Exchange Commission (SEC)) differ from those of non-certified bond-rating agencies. Bond ratings from non-certified agencies are used solely for investment advice. Certified ratings are used by a variety of constituents, many of whom write contracts incorporating these ratings. We find that the properties of the ratings from the two agency types differ in predictable ways. Our results show that the non-certified agency’s ratings are consistent with their role of providing information to investors. The certified agency is generally more conservative, consistent with their significant role in contracting.

Differential properties in the ratings of certified versus non-certified bond-rating agencies [An article from: Journal of Accounting and Economics]

Chinese ratings agency downgrades US credit rating

www.nma.tv A Chinese ratings firm yesterday made financial history and downgraded the US’ credit rating from A+ to A. Meanwhile, hot money flowing into hedge funds and gold saw gold prices yesterday shoot to a historic high of US$1670 per ounce.