CORRESPONDENTS
Kevin Hall
How Moody's sold its ratings - and sold out investors
As the housing market collapsed in late 2007, Moody's Investors Service, whose investment ratings were widely trusted, responded by purging analysts and executives who warned of trouble and promoting those who helped Wall Street plunge the country into its worst financial crisis since the Great Depression. | 10/18/09 06:00:00 By - Kevin G. Hall
House panel ready to pass sweeping reform of exotic finance
A key congressional panel is poised to approve Thursday a sweeping overhaul of laws governing the trading of complex and often exotic financial instruments that helped trigger a near meltdown of global finance. | 10/14/09 18:09:00 By - Kevin G. Hall
Watchdog: Obama's mortgage relief efforts aren't good enough
The Obama administration's efforts to force the modifications of distressed mortgages, while laudable, is likely to fall far short because the foreclosure crisis has grown and threatens to dwarf government efforts to relieve it, a special congressional watchdog panel warned in a report released Friday. | 10/09/09 00:01:00 By - Kevin G. Hall
Democrats in Congress push Obama for Iran sanctions
Congressional Democrats pushed the Obama administration on Tuesday to get behind tough economic sanctions against Iran, and they voiced deep skepticism that direct negotiations with Tehran over its nuclear ambitions will prove fruitful. | 10/06/09 18:10:00 By - Kevin G. Hall and Warren P. Strobel
For Brazil, Olympics mean the future finally has arrived
For the longest time, a joke about Brazil made the rounds in the halls of international financial organizations: Latin America's largest and most populous nation had a great future -- and always would. | 10/02/09 18:52:00 By - Kevin G. Hall
Unemployment rate is highest in 26 years
The September unemployment numbers announced Friday were a reality check for anyone who was thinking that strong economic growth was just around the corner. | 10/02/09 10:38:00 By - Kevin G. Hall
How Chavez may have spoiled ousted Honduran leader's return
An accidental betrayal by Venezuelan President Hugo Chavez may have forced the ousted leader of this Central American nation to seek refuge in the Brazilian embassy here on Sept. 21 as world leaders gathered in New York for a United Nations General Assembly meeting. | 09/30/09 20:32:00 By - Kevin G. Hall and Tyler Bridges
How Canada runs its own consumer finance protection agency
Doom and gloom warnings from U.S. banks that a proposed Consumer Financial Protection Agency would raise borrowing costs for consumers and restrict access to credit for small businesses haven't played out in Canada, which has had a similar agency since 2001. | 09/30/09 16:32:00 By - Kevin G. Hall
Authors: U.S. economic crisis was long time in the making
Americans have always assumed that financial crises happen in basket-case countries, not here. So how then did the U.S. follow the lead of Argentina, Mexico and Thailand by plunging into this one? | 09/29/09 17:08:00 By - Kevin G. Hall
Global summit sets new direction, but misses chance for climate fix
Leaders of the world's most developed economies agreed late Friday to restrict runaway financial-sector executive pay, give emerging powers a bigger role in global institutions and create a new structure to promote global economic growth. | 09/25/09 19:21:00 By - Margaret Talev and Kevin G. Hall
Judge considers bid to block merger of voting machine giants
A federal judge in Camden, N.J., agreed late Friday to hear a request for an emergency injuction that could halt Election Systems & Software's announced acquisition of Diebold Inc.'s Premier Election Solutions. A competitor argues that the acquisition would give ES&S control of election systems in 70 percent of the nation's voting districts. | 09/25/09 19:32:50 By - Kevin G. Hall
New Iran sanctions: Can U.S. bring other countries on board?
The U.S. and its allies Friday gave Iran two months to comply with demands to come clean on its expanding nuclear program, or face broader international sanctions, perhaps even targeting the country's gasoline imports. Experts don't expect Iran to change course, however, making it likely that President Barack Obama will have to convince other nations to do as the U.S. and adopt financial sanctions. | 09/25/09 17:54:00 By - Kevin G. Hall
What's a global economic summit without protests?
As leaders of the world's most developed nations met in Pittsburgh and inched closer to consensus on how best to restrict compensation packages for financial executives, masked protesters and police in armored vehicles clashed Thursday in what's become a familiar ritual at such meetings. | 09/24/09 20:07:00 By - Margaret Talev and Kevin G. Hall
Banks fight to kill proposed consumer protection agency
If you doubt that U.S. banks long to return to the days of impotent regulation, you need only look at one of the financial sector's top legislative priorities: killing a proposed new agency that would be dedicated solely to protecting consumers' financial interests. | 09/24/09 15:08:00 By - Kevin G. Hall
At G-20 in Pittsburgh, expect large agenda, small results
As the leaders of the Group of 20 nations gather Thursday and Friday for an economic summit in Pittsburgh, they'll be testing two themes: How much appetite remains for coordinated economic decision-making among the world's leading and developing nations as the global crisis shifts into recovery mode? | 09/23/09 00:02:00 By - Margaret Talev and Kevin G. Hall
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