Moody and Bond Rating
Moody's was later merged into Dun & Bradstreet, only to again become an independent corporation in October 2000. Moody's status is reflected in Thomas Friedman's 1996 comment that
- There are two superpowers in the world today in my opinion. There's the United States and there's Moody's Bond Rating Service. The United States can destroy you by dropping bombs, and Moody's can destroy you by downgrading your bonds. And believe me, it's not clear sometimes who's more powerful. (From Feb. 13, 1996 interview with Jim Lehrer.)
In 2007, Moody's Corporation was split into two operating divisions, Moody's Investors Service, the rating agency, and Moody's Analytics, with all of its other products.
Read more about this topic: John Moody (financial Analyst)
Famous quotes containing the words moody and/or bond:
“The price on the wanted
poster was a-going down, outlaw alias copped my stance
and moody greenhorns were making me dance; while my mouth’s
shooting iron got its chambers jammed.”
—Ishmael Reed (b. 1938)
“Camillo. Prosperity’s the very bond of love,
Whose fresh complexion and whose heart together
Affliction alters.
Perdita. One of these is true:
I think affliction may subdue the cheek,
But not take in the mind.”
—William Shakespeare (1564–1616)