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Black Boxes Skew Ratings
Wall Street Journal - 38 minutes ago
The latest blow to the reputation of Moody's Investors Service in structured finance is the charge that it knew of a computer error that inflated the ratings of constant-proportion debt obligations, or CPDOs, and didn't disclose the problem.
Moody's stock suffers record plunge on rating error Reuters
Moody's Faces Scrutiny of Computer Error, Possible `Cover-Up' Bloomberg
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