Moodys is part of what is really wrong with the world. As long as the definition of legal and honest are not the same, the situation will prevail. I am so sick of the constant rewarding of deceit. We make dirt look smart.
Moodys should have been shut down in 2008 for their complicity in AAA rating those bundled uo securitized Mortgages knowing they were Junk. Then they downgrade Americas Credit Rating and in my opinion have ZERO CREDIBILITY. It`s funny everytime Alcoa gets a little tail wind something knocks it down.