Category Archives: Rating Agencies

Raynes Casts Doubts on Franken’s Rating Clearinghouse

R&R Consulting principal Sylvain Raynes expresses skepticism over the effectiveness of a Senate proposal to establish a clearinghouse for rating complex securities.
Read the full article by Karen Brettell, “Franken bill unlikely to make ratings more reliable,” Reuters, May 14, 2010.

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R&R’s Raynes Weighs in on Banks vs Rating Agencies

Rating Agencies have borne much of the blame for the credit crisis, but now they’re fighting back with accusations that they were misled by the banks whose securities they rated. R&R Consulting principal Sylvain Raynes provides his insights on the controversy on Business News Network’s Squeezeplay.

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R&R’s Rutledge on Need for Ratings Follow-Up

R&R Consulting principal Ann Rutledge is interviewed in an article on how to address the monopoly rating agencies currently enjoy, to the detriment of the debt market and the economy as a whole.
Read the full article by Vanessa Drucker, “Second Rate,” on the FundStrategy website.

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CNN Interviews R&R’s Raynes on Rating Agency Culpability

R&R Consulting principal Sylvain Raynes is among the experts interviewed by CNN’s Alan Chernoff for a feature on the role of rating agencies in the credit crisis.
Watch “The other economic culprit,” on CNN, April 30, 2010.

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Raynes: CDOs Are Nothing Without Analysis

MarketWatch interviews R&R Consulting principal Sylvain Raynes on the importance of informed analysis in marketing CDOs.
Read the full article by Alistair Barr: “Out of Thin Air: Synthetic CDOs, at the center of Goldman suit, inflated the credit bubble,” MarketWatch, April 26, 2010.

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R&R’s Rutledge on the Need for Objective Rating of CDOs

R&R Consulting principal Ann Rutledge is interviewed at length on the Daily Finance website about the need for drastic reforms to address shortcomings in the CDO market highlighted by the Goldman Sach Abacus case.
Read the full interview by Peter Cohan, “Behind the $4 Trillion in CDOs: Sneaky Banks and Worthless Ratings,” Daily Finance, April 26, 2010

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When New Strategies Hit Credit Ratings

An article in the current issue of Corporate Board Member quotes R&R Consulting principals Sylvain Raynes and Ann Rutledge on the effects new corporate strategies can have on credit ratings. Read the full article by Sharon Kahn, “Why Risking a Lower Credit Rating Can Make Good Strategic Sense.”

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Rutledge Advises Bond Investors to Read the Footnotes — NY Times

A New York Times articles on the risks and yields of investing in bonds quotes R&R Consulting principal Ann Rutledge, who cautions investors to seek qualified advice and carry out their own research on bond issues. Read the full article by Geraldine Fabrikant, “In Bonds, a Balance of Risks and Yields,” The New York Times, […]

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Raynes in McClatchy Article on Moody’s Moral Sell-Out

R&R Consulting principal Sylvain Raynes is quoted in a ground-breaking expose by McClatchy Newspapers on how Moody’s compromised the integrity of its credit ratings:
“As the housing market collapsed in late 2007, Moody’s Investors Service, whose investment ratings were widely trusted, responded by purging analysts and executives who warned of trouble and promoting those who helped Wall […]

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NY Times: Rutledge’s Warning on Stale Credit Ratings

R&R Consulting’s Ann Rutledge comments on the importance of updating structured security ratings — a service provided by R&R’s patented ABSTRAK technology — in “When Bond Ratings Get Stale” by Gretchen Morgenson, The New York Times, October 10, 2009.

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