Tag archive for ‘Fitch Ratings’
Hearst feels the heat
During the boom time in 2006, Hearst Corporation was on a spending spree. It got itself a swanky new glass and steel office space at Manhattan at $500 million, and 20% of Fitch, the financial ratings company, at $600 million. A privately-held, buttoned-up organization, few people will know that it is one of United States’ [...]