Enron's credit rating scrutinized by Senate committee
WAP2002032003- WASHINGTON, March 20 (UPI) -- Ralph G. Pellecchia, senior director of Global Power Group Fitch Ratings, testifies on Capitol Hill on March 20, 2002, before the Senate Committee on Governmental Affairs hearing regarding the credit rating of Enron in the months leading to it's collapse. RLW/Roger L. Wollenberg UPI
UPI Related News
ZURICH, Switzerland, Sept. 24 (UPI) -- Exposed European and Chinese banks could spread the U.S. financial crisis much wider as Congress hesitates over the $700 billion rescue plan.
HARTFORD, Conn., July 30 (UPI) -- Connecticut Attorney General Richard Blumenthal Wednesday sued three bond-rating firms for allegedly costing taxpayers millions of dollars.
NEW YORK, July 11 (UPI) -- U.S. credit-rating firm Moody's Investors Service said Wednesday it might cut its ratings on parts of 91 collateralized-debt obligations worth $5 billion.
MILAN, Italy, Aug. 28 (UPI) -- Europe's biggest domestic banking merger in a decade may spark a wave of large-scale combinations in the eurozone.
NEW YORK, June 8 (UPI) -- Fitch Ratings of New York cut Ford Motor Co.'s bond rating Thursday from B-plus, a junk rating, to BB, with a negative outlook.
NEW YORK, Nov. 23 (UPI) -- Wall Street was less than grateful this Thanksgiving Day eve for the latest cost-cutting efforts at General Motors Corp.
NEW YORK, Aug. 30 (UPI) -- Damage estimates from Hurricane Katrina's romp through the southern United States range from $10 billion to $25 billion.
NEW YORK, Aug. 11 (UPI) -- Wireless is the driving force behind the growth of the global telecommunications industry, according to a Fitch Ratings report.
MANILA, Philippines, July 12 (UPI) -- Business leaders in the Philippines have changed their mind about calling for President Gloria Arroyo to resign, after Catholic bishops took a different stance.
DETROIT, July 8 (UPI) -- U.S. credit rating agency Moody's Investors Service is considering downgrading the debt of General Motors Corp. to junk status.
