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To: Rational Thought

Is Moody’s rating tainted by stimulus money and in conflict of interest?


2 posted on 08/02/2011 4:03:29 PM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: mountainlion
Moody's rates bonds and other securities ~ it does not rate the world's only super power. They just talk that way to make themselves feel superior.

Same with S&P, and all the other rating services.

For the most part they are simply columns in what amount to business magazines.

Here, let me turn myself into a rating service ~ for magazines. "The outlook continues to be poor for magazines nationwide although there are signs that developing nations can serve as an expanding market for controlled tabloid formats."

You might want to counsel your purchase of a subscription to magazines based on that advice ~ or not ~ but the risk is yours. Not licensed in Wisconsin.

8 posted on 08/02/2011 4:15:53 PM PDT by muawiyah
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