Moody's was undoubtedly well prepared for Congress. According to NewsVisaul www.newsvisual.com/new... one of Moody's Directors is a former Senator who used to sit on the very committee that questioned Moody's and S&P. Most likely the Moody reps knew what questions to expect.
Thursday's Options Report: Moody's, Devon Energy, China Bak, Bear Stearns, Comcast [View article]