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Empire Editorial: Thumbs up, Thumbs down for June 15, 2015

...confidence and lost trust? How many state workers will now be reconsidering their future employment? Will Alaska's credit rating tumble? If this kind of brinksmanship is what lies ahead in future legislatures, we worry about Alaska's fate...
Does minority want shutdown?

...a government shutdown because they think it will help them score a political victory against the majority. Our AAA credit rating is at serious risk of being degraded because House minority legislators are refusing to tap the CBR. Why the stubbornness...
Three credit rating agencies hold too much of the power

...million in fees to the Big Three credit rating agencies - Standard & Poor's...competition from other qualified credit rating agencies. The Fed had a golden...needed competition from seven other credit rating agencies fully accredited by the...
Moody's drops Juneau's credit rating

The credit rating agency Moody's downgraded the City and Borough of Juneau from an Aa2 to Aa3 rating on Thursday."It's like going from an...
Outside editorial: A fresh proposal to fight credit-rating grade inflation

When the subprime mortgage bubble burst in August 2007, many immediately blamed credit rating agencies which had affixed reassuring AAA labels on subprime-backed securities. Standard and Poor's, Moody's Investors...
Senate OKs bill to curb credit rating effects

...restrict insurance companies' use of a customer's credit rating in determining insurance rates or whether to insure...insurers from taking into account a number of different credit-rating points. Among those are the absence of a credit history...
My Turn: The case for sustainable hydropower in Alaska

...of the project depends upon many factors, including interest rates for necessary loans. Yet, with the state's credit rating in jeopardy, we can't assume low interest rates. In the end, the costs of building the dam would lock up Alaska's...
Help clean up the dirtiest unregulated industry

If I buy a car, my credit rating goes down. If I pay off my car, my credit rating goes down. If I look for other credit cards with better rates, my credit rating goes down. If I cancel my credit...
Politicos have tough hands to play in 2015

...60 per barrel and back-to-back $3.5 billion budget deficits pending, it seems like a bleak year ahead. Two credit rating agencies, Moody's and Standard and Poor's, have issued warnings about Alaska's finances.Still, the sky isn't...
Gov. Walker halts megaprojects

...long-range financial outlook. The immediate concerns of a $3 billion deficit and our ability to protect the state's credit rating from damage and deterioration will take center stage when the Legislature convenes in January," reads the letter...
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