Wall Street Noir: Moody's "Double Agent" Ratings
Despite all the evidence against it, Moody's is still treated as a credible player that can send a warning shot across the bow of the U.S. government. That's the kind of rigged game we're facing.
Despite all the evidence against it, Moody's is still treated as a credible player that can send a warning shot across the bow of the U.S. government. That's the kind of rigged game we're facing.
24/7 Wall Street | Posted 05.25.2011
By 24/7 Wall Street: Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of direc...
Clusterstock | Henry Blodget | Posted 05.25.2011
We suspect Moody's investors will also be interested to know that CEO Raymond McDaniel dumped 100,000 shares of stock at $29 a share the day the Wells...
Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011
In the lead up to the financial meltdown, Wall Street firms routinely exerted influence on the nation’s largest credit rating companies— which jud...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
UPDATE: 5:45 PM - Moody's Former Execs: Firm Lusted After Profits More former top executives at Moody's Investors Service testified Wednesday that a ...
AP | STEVENSON JACOBS | Posted 05.25.2011
NEW YORK — Billionaire investor Warren Buffett on Wednesday defended credit rating agencies that gave overly positive grades to mortgage-related...
Richard (RJ) Eskow | Posted 05.25.2011