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In many ways, the political environment has turned upside down.
"The company has had a lot on its plate," said Angela Jameson, the Moody's analyst who issued the warning, "and now the environment has turned against it".
The environment has turned so rosy for private equity firms that even buyout-backed companies that went bust during the crisis have found a second life - and big profits - in the hands of new owners.
A hunt through scores of Congressional lobbying reports listing more than 400 individual issues affecting the environment has turned up a surprising fact: Ford reported that it lobbied the House, Senate, the White House and the EPA on a Republican-sponsored bill that would speed approval and construction of controversial the Keystone XL pipeline.
What would have been a hard sell in any environment has turned into an epic challenge.
The regulatory environment has turned dreams of good lives into nightmares for many who are leaving in hordes, taking much of the state's tax base with them.
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In today's low interest rate environment, this has turned out to be a bonanza for the workers.
Efforts to create a more attractive environment for tourists has turned it into an "ecological capital", with 30 parks.
The current environment in Iraq has turned giving birth into an often dangerous experience for women.
When it comes to the environment, the Republican party has turned its back on its heritage in a particularly disastrous way.
Chief among the difficulties that scientists face: the political environment for new climate-science initiatives has turned hostile, and with the federal budget crisis, money is tight.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com