Moody's (MCO +1.9%) CEO Raymond McDaniel tells the Financial Crisis Inquiry Commission that his...

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

Moody's (MCO +1.9%) CEO Raymond McDaniel tells the Financial Crisis Inquiry Commission that his company's inaccurate ratings of mortgage-related investments were "deeply disappointing," as chair Phil Angelides calls the ratings service a "triple-A factory." Some former Moody's analysts will testify that they felt intimidated by bosses to assign rosy ratings to risky debt products.