Unstructured Finance

M & A wrap: S&P chief downgraded

August 23, 2011

The chief of Standard & Poor’s will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded U.S. government debt and sparked a row with Washington.

Einhorn: Moody’s broadside lacks usual punch

June 2, 2009


David Einhorn again sent markets scurrying last week when he told investors he was shorting Moody’s Corp, but the Greenlight Capital manager’s latest thumbs down packed a weaker punch than his past, celebrated¬†broadsides.

Batten down the hatches

May 22, 2009

It’s fashionable now for leading economists and financial wizards to claim that they saw the credit crunch coming and the kind of dislocation it would create. But how many have predicted where the next implosion will occur?

Chicken Little was Quite the Optimist

January 23, 2009

By Martin de Sa’Pinto


If the sky falls, at least you know how far it can go – the worst case scenario is that it will hit the ground.