A former analyst with Moody’s Corp (MCO) has accused the credit ratings agency of issuing inflated ratings, and has taken his concerns to U.S. congressional investigators, the WSJ reported on Wednesday. In a letter dated July, obtained by the paper, Eric Kolchinsky accused Moody’s of issuing a high rating to a complicated debt security in January, in spite of it being aware it was planning to downgrade assets backing the securities.
| INDU | 0.00 | |||||||
| NASDAQ | 2915.86 | |||||||
| S&P 500 | 1349.96 | |||||||
| DJIA Fut | 12844.00 | |||||||
| Nasdaq Fut | 2545.00 | |||||||
| S&P Fut | 1346.30 | |||||||
| Oil Fut | 97.12 | |||||||
| Gold Fut | 1731.80 | |||||||
| Nikkei | 9002.24 | |||||||
| Shanghai | 2353.001 | |||||||
| UK | 5875.93 | |||||||
| France | 3410.00 | |||||||
| Germany | 6748.76 | |||||||
-
Blog Roll
-
Blog Roll (Random)
