| Title: | Standard&Poor's Reaffirms Its Commitment To The Goal Of Comparable Ratings Across Sectors And Outlines Related Actions |
| Price: | $500.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | Commentary |
| Abstract: | Standard&Poor's Ratings Services uses the same rating scale across the structured finance, corporate, and government sectors. We strongly believe in the usefulness of our traditional rating scale because it is designed to provide a common language for evaluating and comparing creditworthiness across all major sectors and their subsectors, including U.S. municipals. This is in keeping with our goal of providing credit ratings that are reasonably comparable measures of credit quality. For example, in assigning 'A' ratings to asset-backed securities, manufacturing firms, or local governments, we intend to connote an opinion that they have a comparable level of credit risk. Some market participants have suggested that Standard&Poor's has used or should use different rating scales for different |
| Brief Excerpt: | RESEARCH Ratings Definitions Standard & Poor's Reaffirms Its Commitment To The Goal Of Comparable Ratings Across Sectors And Outlines Related Actions Publication date: ##-May-#### Primary Contact: Clifford M Griep, Executive Managing... |
| Word Count: | 2734 |
| Sector: | Global Issuers, Structured Finance, Public Finance, Financial Institutions, Insurance, Sovereigns, Corporations, International Public Finance, Utilities, Servicer Evaluations, Asset-Backed Securities, Collateralized Debt Obligations, Real Estate Companies, Asset-Backed Commercial Paper, Commercial MBS, Residential MBS |
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