Dear Friends, Three private companies control roughly 95 percent of the global credit rating market. Their job is to assess how financially healthy a company is and assign it a rating. Investors, pension funds, businesses, and governments rely on those ratings to decide where to put their money, trusting that the analysis behind them is […]
BOISE, ID — Attorney General Raúl Labrador joined a 23-state coalition questioning the lawfulness of ESG policies at the country’s three largest credit ratings agencies. Fitch Ratings, Moody’s, and S&P Global Ratings pledged to United Nations-backed climate groups that they would incorporate ESG goals into their credit ratings, then downgraded American energy companies accordingly. Those downgrades increase […]
When I returned to America just a few years ago, I was in for a shock. During my absence of nearly 25 years, the infamous ‘FICO’ Score had reared its ugly head. I was, and still am, in awe of such an evil concept which now has successfully enslaved the people of the United States. […]