Exact(17)
In February Moody's, a credit-rating agency, downgraded Chicago's creditworthiness to two notches above junk.
Standard & Poor's downgraded Brazil's creditworthiness to junk status on Sept. 9.
Standard & Poor's downgraded the nation's creditworthiness to AA, with a negative outlook.
To do so he used another peer-to-peer website to subcontract the job of assessing creditworthiness to a number of ordinary people.
The authors show that poor people can make good use of borrowed money, even if they sometimes struggle to demonstrate this creditworthiness to lenders.
According to Picard, Wilpon and his partners used the Madoff accounts to prove their net worth and creditworthiness to raise capital "that might not have been otherwise available".
Similar(42)
In another facet of the case, UBS managers during the financial crisis also "inappropriately gave guidance to those employees charged with submitting interest rates, the purpose being to positively influence the perception of UBS's creditworthiness," according to authorities.
A new startup thinks it has come up with a platform to deliver a score that predicts a person's creditworthiness, propensity to commit fraud and a number of other types of intelligence.
In the late 70s he opened up the bond market to "noninvestment grade" companies that issued bonds that because of their issuers' tenuous creditworthiness came to be denoted "junk".
But their confidence in the country's creditworthiness seems to be shaky at best.
And broker-dealers could assign their own creditworthiness ratings to counterparties in complex derivatives transactions when those counterparties were otherwise unrated.
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