Moody's Needs Urgent Help

Thursday, October 08, 2009

Now that's a good one. Only 4 months after "Moody's Offers Training Courses on CDO/S - After Getting 99% of Ratings Wrong" there appears to be a polar reversal at the ratings agency that got 99% of its CDO/S ratings wrong.

SCREENSHOT: While once offering such courses the wizards of the ABCD world are now looking for help themselves, as this screenshot from web stats shows. Click to enlarge.
Pressed for time I refer you to the post "3 Figures Explain the Foolishness of Bankers" for one more smile.You can now get up again from rolling on the floor, laughing, and maybe utilize time with a risk assessment 101 course, if there are any offered.


Wikinvest Wire