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Its creditworthiness was just downgraded by the Standard & Poor's rating agency.
Mr. Murphy said he pointed out to his superiors that Enron's creditworthiness was eroding.
But that business began to disintegrate when Enron lost credibility, and it became clear that its creditworthiness was in question.
But with taxpayers suddenly on the hook for gigantic bank losses, even as revenues plunged, the nation's creditworthiness was put in doubt.
It used to be that when people applied for credit, their creditworthiness was checked, and credit was denied if the applicant was already too deeply indebted.
As it cut the rating from AA minus to A plus, however, the agency said the bank's creditworthiness was weakening in comparison with its peers.
Similar(48)
The shutdown and possible damage to the United States' creditworthiness are Republican-induced crises.
That means hybrids could act as an accelerant when a company's creditworthiness is deteriorating.
"In many countries, weakening sovereign creditworthiness is exacerbating these negative characteristics".
In such data-rich areas as financial transactions, determining someone's creditworthiness is a viable exercise.
Dr. Thornton disputed whether differences in creditworthiness were fully captured in the lender's buy rate.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com