Here's an example: there are some exotic, asset - or commercial - mortgage backed interest - only bonds that are rated
AAA by the rating agencies.
Not exact matches
Only two years ago they were
rating AAA all the toxic bonds that created the crisis,» said Greek Prime Minister George Papandreou, adding that the downgrade was executed «not because of what Greece is doing but because of the decisions being taken
by the EU that are not considered as going far enough.»
The lawsuit stems from losses the pension fund suffered after the collapse of the housing market and defaults on formerly
AAA -
rated securities that were backed
by pools of residential mortgages, Calpers said in a statement.
«Since... 2011 we have created more than 512,000 private - sector jobs, implemented pro-business tax reform and saved millions of taxpayer dollars
by maintaining Georgia's
AAA bond
rating.»
In France, 16 huge - net - worth types, including L'Oreal SA heiress Liliane Bettencourt and Total SA chief executive Christophe de Margerie, signed a petition calling for a «special contribution»
by the super-rich to help the country through its current budget crisis, which threatens France's
AAA credit
rating.
Moreover, we know that 81 % of the mortgage - backed securities purchased
by bankers for their own personal accounts were
AAA -
rated.
One prime example of their destructive policies during the 2008 recession can be determined
by Moody's downgrade of 83 % of $ 869 billion in mortgage - backed securities that were given a
rating of «
AAA» just the year before.
However, in August 2011 the long - term sovereign credit
rating on the United States of America was downgraded to AA + from
AAA by the Standard & Poor's
ratings agency, reflecting increasing concerns about the U.S. budget deficit and its future trajectory.
One would think that they had utterly lost their reputation for honesty — not to mention competence —
by pasting
AAA ratings on junk mortgages as prime enablers of the present global financial crash.
Investors in
AAA rated mortgage - backed securities were initially sanguine about these information problems since these securities were thought to have a very low loss probability as determined
by the credit
rating agencies.
Most of the securities derived from these subprime mortgages were deemed to be
AAA rated by the
rating agencies.
This has once again led to B.C. being the only province with an
AAA - credit
rating by both Moody's and Standard & Poor's, which sends a clear message to the international community that B.C. is a safe haven in which to invest and do business.
At the time of purchase for the fund's portfolio, the
ratings on the bonds must be one of the four highest
ratings by Moody's Investors Services (
Aaa, Aa, A, Baa) or Standard & Poor's Corporation (AAA, AA, A, BB
Aaa, Aa, A, Baa) or Standard & Poor's Corporation (
AAA, AA, A, BB
AAA, AA, A, BBB).
Company bonds are also
rated by credit
rating agencies so you should look out for bonds
rated AAA or AA.
(April 2012) Just a few years ago, General Electric's (GE) debt was
Aaa rated by Moody's.
As an aside, those who believe that the province should simply «take back Translink» as a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion dollar debt (supported as it is
by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's
AAA credit
rating.
An
AAA rating is the highest possible
rating assigned to the bonds of an issuer
by credit
rating agencies.
The venerable oil and gas giant lost its
AAA rating from Standard and Poor in April 2016, which thought a symbolic loss (it shared the
rating with Microsoft and Johnson & Johnson) indicated the damage wrought
by years of low prices and some pretty terrible luck, notably Tillerson's lost $ 500 billion deal in Russia as the result of Western sanctions.
Credit exposure is the credit
ratings for the underlying securities of the Fund as provided
by Standard and Poor's (S&P), Moody's Investors Service, or Fitch and typically range from
AAA / Aaa (highest) to C / D (lowes
AAA /
Aaa (highest) to C / D (lowes
Aaa (highest) to C / D (lowest).
An AA +
rating is generally one step below the highest
rating (
AAA) assigned to the bonds of an issuer
by credit
rating agencies.
They wound up selling packages of very poor quality mortgages (sub-prime) called «collateralized debt obligations» (CDOs) and convinced the
rating agencies (who were paid
by Wall Street) to
rate these «securitized mortgages»
AAA.
(Note that a ratio of over 90 % has been identified
by bond
rating agencies as being problematic for retaining our valued
AAA - credit
rating).
Bond
ratings, which typically range from
AAA / Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and / or Fitch, as an indication of an issuer's creditworthine
AAA /
Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and / or Fitch, as an indication of an issuer's creditworthine
Aaa (highest) to D (lowest), are assigned
by credit
rating agencies such as Standard & Poor's, Moody's and / or Fitch, as an indication of an issuer's creditworthiness.
Rated a Four Diamond property
by AAA since 2002 and voted the No. 1 casino in the country
by readers of USA TODAY, Pechanga Resort & Casino provides an unparalleled getaway.
Voted number one casino in the country
by the readers of USA TODAY and
rated a Four Diamond property
by AAA since 2002, Pechanga Resort & Casino provides an unparalleled getaway.
This spring, the
AAA Four Diamond -
rated hotel will play host to a selection of celebratory meals designed to delight the palate with delicious dishes created
by Executive Chef Patrick Leibacher.
After the resort's expansion is complete, 568 additional hotel rooms and suites will be added, giving visitors 1,090
AAA Four Diamond
rated luxury rooms to choose from
by Christmas 2017.
Voted the number one casino in the country
by USA Today and
rated a Four Diamond property
by AAA since 2002, Pechanga Resort & Casino provides an unparalleled getaway, whether for the day or for an extended luxury stay.
AAA offers the only
rating system using comprehensive, on - site professional hotel and restaurant evaluations guided
by member priorities.
In October 2015, the Park District's
Aaa bond
rating by Moody's Investors Service was reaffirmed.
This is evidenced in part
by the
Aaa bond
rating given each year
by Moody's Investor Service since 2006.
Diana goes on to note the county recently received
Aaa Bond
Rating by Moody's Investors Service and is working on a number of yet - uncompleted projects, such as completion of the SUNY Orange Branch Campus in Newburgh and enhancements to the Main Campus in Middletown.
After all, this is the Chancellor who claimed for three years that he had to stick to his plan or the UK would be downgraded
by the credit
rating agencies; and then when he lost the UK's
AAA rating, said this meant he had no choice but to stick to his plan.
Gov. Deal has overseen three balanced budgets without raising taxes, saved millions of taxpayer dollars
by maintaining Georgia's
AAA bond
rating, and increased our rainy day fund
by more than 500 %.
The UK's «
AAA»
rating is underpinned
by a high - income, diversified and flexible economy as well as political and social stability.
The income and sales - tax bonds that are being sold Tuesday are
rated AAA by S&P and Fitch and Aa1, the second - highest grade,
by Moody's.
The decision
by the
ratings agency Moody's to downgrade the UK's
AAA credit
rating, is unwelcome news for the Government.
Shadow chancellor Ed Balls has said that the Chancellor needs to «change direction» after Britain's credit
rating was downgraded from the top
AAA rating by the Moody's credit agency.
After Britain's
AAA credit
rating was downgraded
by Moody's, The Exchequer Secretary to the Treasury, David Gauke said it was «a disappointment that we are in this position».
Britain's credit
rating has been downgraded from the top
AAA rating to AA1
by the Moody's credit
rating agency.
PS — During the recent gubernatorial campaign, Cuomo repeatedly noted that Moody's Investor Service had reduced its previously
AAA credit
rating of Westchester County
by a notch during the tenure of his Republican opponent, Westchester County Executive Robert Astorino.
Throne - Holst touted her own endorsements
by Sen. Kirsten Gillibrand (D - NY) and former Rep. Tim Bishop (D - Southampton) and pointed to her record as Southampton supervisor, where she said she cut inefficient government and the town achieved a
AAA bond
rating.
In 2011, Oyster Bay and neighboring Huntington and Hempstead towns had
AAA credit
ratings — the highest possible level awarded
by the agency.
The argument against the BOL's suggested use of $ 11 million from the fund balance — that it imperils the County's
AAA bond
rating — is a smokescreen for reckless budget cuts, said Jenkins, who noted that the Astorino Administration already used millions from the fund balance this year to pay a pension bill and has notified the BOL that it will need an additional $ 8.8 million from the fund balance
by the end of December to «even out» the 2012 books.
Astorino in November had proposed a spending plan for next year that cut the county levy
by 1 percent, protected the county's most needy, continued all essential services and protected the county's three
AAA bond
ratings.
Since 2010, George Osborne has drastically missed his deficit target, lost the UK's
AAA credit
rating, increased public debt
by trillions and made huge gambles on the tax revenues.
A new MP who wanted to know about the UK regaining its
AAA - credit
rating was encouraged to run for Labour leader
by the prime minister.
Recognized
by the U.S. Green Building Council in 2009 when it became the first redeveloped structure in Washington, D.C. to earn a gold LEED
rating, the
AAAS headquarters building achieved platinum status in December 2013.
«The suite of bills already passed would increase federal research & development (R&D) funding
by an estimated 2.1 % above fiscal year 2016 levels in the House and 3.2 % above FY 2016 levels in the Senate, slightly above the
rate of inflation,»
AAAS wrote, citing objective analysis completed
by the association's R&D Budget and Policy Program.
The
AAAS report, like PCAST's, states that absent estimates of the accuracy
rates of examiners, testimony
by examiners that two fingerprints are indistinguishable is scientifically meaningless and should be deemed insufficient evidence in court.