Stories tagged with Moody’s Investors Service
Conflicts of interest led Moody’s, S&P and Fitch to make bad calls on ratings
By Carol Eisenberg | October 23, 2008 at 10:27am | 2
Analysts at Moody’s Investors Service, Standard & Poor’s and Fitch Ratings had doubts about many of the mortgage-backed securities they rated, but gave them a thumbs-up because it was so lucrative to do so, according to documents released by a U.S. House panel.
