Investing
Moody's (MCO): "We Sold Our Souls": Yes, You Did
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This speaks for itself.
According to Bloomberg, Employees at Moody’s Investors Service told executives that issuing dubious creditworthy ratings to mortgage-backed securities made it appear they were incompetent or “sold our soul to the devil for revenue,” according to e-mails obtained by U.S. House investigators.
Douglas A. McIntyre
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