Credit Rating Quotes
Officials weigh in on downgrades, debt, and financial trust.
These quotes come mostly from treasurers and lawmakers describing what a credit rating actually does: reassure investors, rate companies and bonds, or send shockwaves through government funds when it drops for the first time in history. The topic connects naturally to our Bonds quotes page.
Reforming PERA will strengthen and improve Colorado's all-important long term standing with credit rating agencies.
Our men and women in uniform make enough sacrifices for our country. Their credit rating should not be one of those sacrifices.
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We have got this Damocles' sword of Standard and Poor's hanging over us, with the commitment they have made to review Britain's credit rating in the summer of 2010 after the general election. Everybody in Britain has a vital interest...
Abandoning Quotes
We have new rules that give shareholders the ability to vote on executive compensation. We have new rules for asset-backed securities. We have new rules around credit rating agencies.
I'm the treasurer of the state of Ohio, where, when the United States credit rating was downgraded for the first time in American history, and 14 government funds around the country were downgraded, we earned the highest rating we could...
Before the CFPB, there was no single agency or entity within the federal government tasked with protecting Americans from predatory or negligent practices of banks, credit card companies, mortgage lenders, payday lenders, credit rating agencies and other financial service businesses.
We may very well be faced with the choice of retaining the AAA credit rating or abandoning some of our key infrastructure projects, which are about jobs for the future. I will choose jobs in that equation every time.
The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's...
Ability Quotes
On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches.
Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one...
Minnesotans lost their jobs because the credit rating agencies didn't do the only job they're supposed to have, the only job they had, which is to give accurate, objective ratings to financial products.
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Frequently Asked Questions
What do credit rating agencies do, according to these quotes?
Is a real credit rating downgrade mentioned in this collection?
How does pension reform connect to credit rating in these quotes?
What financial reforms are mentioned alongside credit ratings?
Why do credit rating downgrades matter so much to governments?
Other lines describe the reforms built in response, from shareholder votes on executive pay to new oversight of the agencies themselves. For related financial perspectives, browse our Ability quotes and Abject quotes collections.
