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Moody's may bear brunt of rating agency mistrust

NEW YORK (Reuters) - Rating agency Moody's Corp may bear the brunt of regulatory scrutiny of the industry, after a former analyst sent congressional investigators a memo stating that the company knowingly assigned incorrect ratings to a security as recently as this year, according to a source familiar with the memo.

Wed Sep 23, 2009 6:26pm EDT

ByElinor ComlayandRachelle Younglai- Analysis

Source: Reuters

http://www.reuters.com/article/newsOne/idUSTRE58M6U520090923

24 2009 | View: 668 | News / Theme of day | Printint version
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