Tag Archives: Ratings Moat

[MCO – Moody’s] The Self-Reinforcing Standards Moat

Moody’s is one of the big 3 Nationally Recognized Statistical Rating Organizations (NRSROs), a title bestowed by the SEC on a handful of credit rating agencies, the top 3 of whom act as an oligopoly in the US debt ratings gambit. ¬†As you well know, Moody’s (and S&P and Fitch) fell into disrepute during the […]