Moody’s mucks it up

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Moody’s mucks it up

It was no surprise that when EuroWeek called Moody’s this week to find out what lay behind the decision to junk Slovenia’s rating while it was in the middle of its dollar deal, and to establish who knew the cut was coming, the response was flustered and uninformative. The only thing that Moody’s really seems to have junked is its own credibility.

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