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Raymond Mcdaniel

Wall Street Noir: Moody's "Double Agent" Ratings

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

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.

Nine CEOs Who Need To Be Fired In 2010: 24/7 Wall Street

24/7 Wall Street | Posted 05.25.2011 | Business

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...

Moody's CEO, Berkshire Hathaway Dumped Shares The Day SEC's 'Wells Notice' Arrived

Clusterstock | Henry Blodget | Posted 05.25.2011 | Business

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...

Yielding To Wall Street, Credit Raters 'Drink The Kool-Aid'

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

In the lead up to the financial meltdown, Wall Street firms routinely exerted influence on the nation’s largest credit rating companies— which jud...

Shahien Nasiripour

FCIC Testimony: Credit Rating Agency Execs Say They Couldn't Say No To Wall Street, Buffett Testifies

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

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 ...

Warren Buffett And Moody's CEO To Testify At Financial Crisis Inquiry Commission

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — Billionaire investor Warren Buffett on Wednesday defended credit rating agencies that gave overly positive grades to mortgage-related...