7 ms·
Presumably this is the same Moody's that predicted the 2008 crash so well? Why does anyone even listen to them anymore? They failed miserably at their role. ht
by jonyt 9y ago
Presumably this is the same Moody's that predicted the 2008 crash so well? Why does anyone even listen to them anymore? They failed miserably at their role.
https://www.theguardian.com/business/2017/jan/14/moodys-864m-penalty-for-ratings-in-run-up-to-2008-financial-crisis https://www.theguardian.com/business/2017/jan/14/moodys-864m...