Share 'Former Moody's SVP charges that its analysis is "rotten to the core."'
If you wonder why the term "analyst" does not automatically confer authority and reliability, read this:
The former SVP of the derivatives product division at Moody's has filed a 78-page comment about the practices of his recently-former company, charging that the analysis process is completely corrupt.
Here are some key points:
Moody's ratings often do not reflect its analysts' private conclusi…
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