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Two financial rating services awarded investment grade ratings yesterday to the bonds being sold for the state's takeover of most of the Long Island Lighting Company.
Zip's star system joins a smattering of other online broker rating services.
Last week, major rating services placed airport bonds on review for possible downgrades.
Educational rating services evaluate colleges based partly on average SAT scores.
Moody's Investors Service already upgraded Nassau this year, as did other rating services.
Although the two rating services will often agree, they differ in many cases.
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The bond-rating services have said they are considering reducing the company's debt rating to the lowest investment-grade level.
I travel frequently between the Asia Pacific region and Europe and I use the online hotel-rating services mentioned in the article to guide me.
But in the Indian context, there is an additional dimension – zero-rating services.
How, then, does it justify its members offering zero-rating services?
Local credit-rating services are flimsy or non-existent; pledged collateral may evaporate when a bank tries to collect it.
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