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Citigroup Inc. Message Board

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  • hopping_on_bandwagon hopping_on_bandwagon Jun 21, 2012 5:12 PM Flag

    What credibility does Moody's have anyways?

    Moody's, as well as the other ratings agencies, is a lagging indicator. My only concern is that there may be some institutions which are obligated to sell under certain conditions (e.g., if x number of rating agencies drop their rating to a y level, where x and y are variables). HOP

 
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