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How Moody's sold its ratings - and sold out investors

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At www.mcclatchydc.com

Since 2000, Moody's was always in a good mood, as it sold its ratings to the highest bidder, says a new blistering SEC report. Managers were fired for telling the truth about what are now called 'Toxic Assets', while other managers were promoted for lying.

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At www.mcclatchydc.com

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