counterparty

Oh, I think they do, because you still have not solved the problem, which is if you have a crisis, and all of a sudden you have what they call counterparty risk, which is that if you --

Fail or Bail? 2010

So here I will only explain the connection between the code word counterparty and the true “elephant in the room.”

Mr. Obama, Fire Geithner & Hire Krugman NOW! 2009

• We are therefore lowering our long- and short-term sovereign credit ratings on Hungary to 'BB+/B' from 'BBB-/A-3' and our long-term counterparty credit rating on the National Bank of Hungary the central bank to 'BB+' from 'BBB-'.

Eurozone crisis: Fitch threatens to cut America's AAA rating - 21 December 2011 2011

The agency placed its long-term counterparty credit ratings on Emirates Bank International, National Bank of Dubai, Mashreqbank, and Dubai Islamic Bank on credit watch with negative implications.

Dubai Suffers Downgrades; S&P Expects Debt Burden to Soar 2009

Last month, Standard & Poor's Ratings Services cut its long-term counterparty credit rating to BBB, which like Moody's new rating is two notches above junk status.

Jefferies' Credit Rating Moves Closer to Junk Territory 2009

S&P cut its long-term counterparty credit rating on PNC by one notch to A and its ratings on the banking units by one notch to A+.

S&P Lowers Credit Ratings on PNC 2009

The ratings firm lowered its long-term counterparty credit rating on the banking giant by one notch to A, which denotes satisfactory credit quality and is about halfway between AAA and junk territory.

S&P Downgrades Bank of America 2009

Meanwhile, Standard & Poor's Ratings Services cut its long-term counterparty credit rating on E*Trade two notches further into highly speculative territory at CC.

E*Trade Prices Equity Offering 2009

S&P cut its long-term counterparty credit rating on First Horizon one notch to BBB, which is two notches above junk status.

S&P Cuts Ratings 2008

It also reduced the long-term counterparty credit rating on National City's bank subsidiary one notch to A and affirmed its short-term counterparty credit rating on the bank subsidiary at A-1.

S&P Cuts Ratings 2008