Proposed framework will achieve transparency
Goal is to ensure integrity and transparency
Quality declines in North America as number of downgrades rises
Conservatives expected to maintain fiscal discipline
Strong commitment from RBC, Dexia BIL
Weak auto sector cast a shadow over positive year
Number of downgrades expected to increase
CESR to review proposed code of conduct
Current upward trend may soon moderate
Companies offering “unexplained” bonuses are associated with higher default rates, Moody’s says