Bond issuers


Morning Market Report

The highlights and lowlights of this morning’s sharemarket activity.

Ratings agencies asleep at the wheel over sub-prime crisis

Aside from banks such as Citigroup, Merrill Lynch and UBS (who between them have dropped more than US$30 billion and counting), some of the biggest victims of the sub-prime credit crunch have been the reputations of ratings agencies, writes Adam Schwab.