Six months ago, a Moody's (MCO) secretary taking an overlong lunch would have the media...

|About: Moody's Corporation (MCO)|By:, SA News Editor

Six months ago, a Moody's (MCO) secretary taking an overlong lunch would have the media wondering "what that might mean for Hungarian credit spreads," says Reformed Broker Joshua Brown, but now major ratings action is ignored. It's not that the EU isn't still a big danger, "It's that nobody needs Moody's to tell us... anymore."