Alexandra Lebenthal, Lebenthal & Co. president & CEO, discusses the S&P's move to downgrade Puerto Rico's general obligation debt to junk status and if other creditors, like Moody's, will follow suit.» Read More
Philippe Gudin, head of euro area economics at Barclays, says he is "surprised" at the timing of the Standard & Poor's (S&P) downgrade of the Netherlands, as he expects a rebound in growth next year.
Moritz Kraemer, chief sovereign ratings officer at Standard and Poor's (S&P), says the euro zone, and France, needs to continue its structural reforms, and explains why the European Central Bank stress tests are important.
Moritz Kraemer, chief sovereign ratings officer at Standard and Poor's (S&P), explains that the Netherlands was downgraded because of its growth potential, but that it has a stable ratings outlook due to its policy commitment.
Holger Schmieding, chief economist at Berenberg Bank, says that while the Netherlands needs to implement further reforms, its economy is still "pretty solid."
Jeroen Dijsselbloem, Dutch finance minister, says he takes the S&P ratings downgrade of the Netherlands "seriously".
Nov 11- U.S. municipal bonds issued by Chicago held up in light trading on Monday even as the city's debt suffered another triple-notch ratings downgrade on mounting concerns about its public pension liabilities. It also cut $497.3 million of Chicago's sales tax bonds to A-minus, and $200 million of commercial paper notes to BBB-plus.
The liquidators of two Bear Stearns hedge funds filed a lawsuit on Monday against the three major U.S. rating agencies.
Marco Patuano, CEO of Telecom Italia, says its Brazilian business is a "core asset" and says the group has a lot of investment to do in the future.
Richard Kelly, head of European rates and FX research at TD Securities, explains that the main takeaway from S&P's French downgrade is that the country has been moved to a stable outlook.
*Fitch upgrades Spain outlook to stable from negative. LONDON, Nov 4- Spain's bonds outpaced other euro zone debt on Monday after Fitch upgraded its credit ratings outlook, in a market underpinned by bets the European Central Bank could signal further monetary easing this week.
Kathy Lien, Managing Director of FX Strategy, BK Asset Management says the dominance of the U.S. dollar in global trade won't be challenged by Washington's fiscal battles.
China signals unhappiness with Washington's budget deal after local ratings agency Dagong downgraded America's credit rating to 'A-.' The Asia Squawk Box team and Marc Desmidt of BlackRock Asia Pacific weigh in.
LEE SACHS is Co-Founder & CEO of Alliance Partners says that the debt deal gives a window for US congress to work out their differences and not risk a further damage to their reputation.
Bill Gross, Pimco founder and co-CIO, discusses debt, default and dysfunction in D.C. He says ratings services make news but seldom break new ground.
How destructive would a US default be? John Chambers, chairman of the sovereign ratings committee at Standard and Poor's, has a grim answer.
"They do not want to be remembered as the party that destroyed a reputation Americans built up over two centuries," says Warren Buffett, Berkshire Hathaway chairman & CEO.
Warren Buffett, Berkshire Hathaway chairman & CEO, explains why stocks still offer the best investment opportunities compared to cash or long-term bonds.
It's how the money is spent that counts, says Warren Buffett, Berkshire Hathaway chairman & CEO, sharing his views on the difficulties and motives behind charitable giving.
Warren Buffett, Berkshire Hathaway chairman & CEO, shares his thoughts on the high cost of health care in this country and the need to address it.
Warren Buffett, Berkshire Hathaway chairman & CEO, says Congress should take the debt ceiling threat off the table.