Despite months of scrutiny and some internal changes, a recently departed Moody's (MCO) analyst...

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

Despite months of scrutiny and some internal changes, a recently departed Moody's (MCO) analyst says ratings firms continue to issue inflated ratings. The whistleblower - Eric Kolchinsky - cites one case in which Moody's gave a complicated debt security a high rating in early 2009, even though it was planning to (and subsequently did) downgrade the underlying assets.