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Still clueless about credit scores? You are not alone
United Feature SyndicateWASHINGTON — What's the score with credit scores? Most people don't have a clue, according to the second annual survey commissioned by the Consumer Federation of America and credit card company Providian Financial. And that can be costly,...Tags: Mortgages, Consumers, Companies and Corporations, Economy, Business and Finance, Opinion Research Corporation
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Why the bond rating system works
In its March 11 editorial, "Rethinking state bond ratings," The Times editorial board suggested that because state and local governments default on their obligations less often than corporations do, all bonds issued by governmental entities should...Tags: Local Government, Health, Hospitals and Clinics, State Budgets, Finance
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Letters to the editor
Anything goes? No Re “Keeping L.A.’s signs vital,” Critic’s Notebook, March 26 Is there anything that makes Los Angeles look more like Podunk than the proliferation of gigantic Lady Liberties? Is it true that Times...Tags: Health, Hospitals and Clinics, Management Change, Alternative Energy, Crime, Law and Justice
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U.S. carmakers are flat-out hurting
Los Angeles Times Staff WriterAmerica's Big Three automakers are looking awfully small these days. Speculation about asset sales, takeovers and even bankruptcy for the former titans of Detroit raged Thursday as a stock market rout after a downgrade by Goldman Sachs brought shares...Tags: Family, Finance, SUVs and Crossovers, Career and Workplace, Bankruptcy
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State will not be downgraded if Hyatt Regency Chesapeake Bay fails to make bond payments
The Maryland Economic Development Corp. expects to fall short next year on payments to investors who bought the bonds that funded the Hyatt Regency Chesapeake Bay, a state-owned golf resort hotel and conference center on the Eastern Shore. Known as...
Tags: Money and Monetary Policy, Hunt Valley, Finance, Franklin Templeton Limited Duration Income Trust, Hyatt Hotels Corp.
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Illinois pensions: Credit rating sinks after deadlock
The first repercussion of state lawmakers' failure to pass pension reform was felt Monday when a major ratings agency downgraded Illinois' credit rating, saying the government worker retirement system's debt is "unsustainable." The political fallout was...
Tags: Illinois Governor, Money and Monetary Policy, Parties and Movements, Finance, Primaries
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Quinn calls special legislative session for June 19
— Democratic Gov. Pat Quinn is summoning lawmakers back to the Capitol for a special session June 19 to try to break a stalemate over the state's massive public employee pension debt that triggered two downgrades from major credit rating agencies...
Tags: Illinois Governor, Parties and Movements, Primaries, Pension and Welfare, Government
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Editorial: We hope Standard & Poor's latest warning brings Mr. Cullerton to his senses
Dear Standard & Poor's, We're back, Stan, appreciative (of you) but disgusted (with our inept politicians). In February, when we addressed the fourth of these occasional letters from the Tribune editorial board to all of you at Standard & Poor's, you...
Tags: Illinois Governor, Botswana, John J Cullerton, Pension and Welfare, Illinois Supreme Court
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Quinn calls lawmakers into special session on pension reform
Clout StreetGov. Pat Quinn today called lawmakers back into special session June 19 to deal with the public employee pension shortfall after another rating agency downgraded Illinois' credit rating. Given the wide philosophical divides between the House and Senate,...Tags: Michael Madigan, Illinois Governor, John J Cullerton, Pension and Welfare, Government
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Fitch lowers Illinois debt rating on pension concerns
Tribune reporterFitch Ratings has cut Illinois credit rating citing its "large and unfunded pension liability." The ratings agency said the move, which makes it more expensive for the state to borrow money, was driven by failure of legislators to pass pension reform...Tags: Pension and Welfare, Politics, Interior Policy
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Illinois credit rating lowered after pension reform failure
SPRINGFIELD --- A major investor ratings service further lowered Illinois' worst-in-the-nation credit rating today following lawmakers' inability to agree on money-saving reforms to the public employee pension system. Fitch Ratings dropped Illinois...
Tags: Illinois Governor, Michael Madigan, John J Cullerton, Pension and Welfare, Crime, Law and Justice
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Credit agency downgrades Pasadena due to Rose Bowl work
Fitch Ratings has downgraded Pasadena's creditworthiness, citing its increasingly heavy debt load that hasn't been helped by the costly renovation of Rose Bowl stadium. Fitch Ratings dropped Pasadena from a perfect AAA credit rating to a next-to-best...Tags: Finance, Economy, Business and Finance, Credit and Debt, Credit Ratings, Minor League Baseball
Oct 16, 2005
|Story| Los Angeles Times
Apr 3, 2008
|Story| Los Angeles Times
Mar 31, 2009
|Story| Los Angeles Times
Jun 26, 2008
|Story| Los Angeles Times
Jun 15, 2013
|Story| Baltimore Sun
Jun 4, 2013
|Story| Chicago Tribune
Jun 6, 2013
|Story| Chicago Tribune
Jun 7, 2013
|Story| Chicago Tribune
Jun 6, 2013
|Story| Chicago Tribune
Jun 3, 2013
|Story| Chicago Tribune
Jun 3, 2013
|Story| Chicago Tribune
Jun 1, 2013
|Story| Pasadena Sun
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