Stoever Glass & Co., Inc.
Phone: (800) 223-3881
Show 17-003: The Ratings Game, Part I – Municipal bonds are among the safest investments out there, but investors still look to experts to weigh the benefits and drawbacks of particular issues. Enter the ratings services including Moody’s, Standard and Poor, and Fitch, who act as third-party analysts that evaluate and weigh in on various bond issues, both municipal and corporate. Roland Stoever and guest analyst Bill Brenn outline the relationship between issuers and the ratings services, and the process by which the latter arrive at their grades.