Negotiating your rating: Part 3, the circumstantial evidence
[Continued from the previous Part 1 and Part 2.]
For the previous two days, we’ve been delving into whether, as implied by a Wall Street Journal article on the rating agencies, Moody’s got so cozy with the issuers it was rating, and who were paying its fees, that it succumbed to grade inflation.
[For background on the […]
