Author Archives: R&R Consulting

Newsweek quotes R&R Consulting‘s Sylvain Raynes regarding recent testimony by a former Moody’s managing director before the House Committee on Oversight and Government Reform alleging that the rating agency was criminally deceiving investors by purportedly inflating ratings on securities even into the current year: “… another former Moody’s executive, Sylvain Raynes, while endorsing Kolchinsky’s critique, ... Read more

Business bloger Yael Bizouati interviewed R&R’s Sylvain Raynes about former Moody’s analyst Eric Kolchinsky’s testimony on ratings-firm reform before the House Committee on Oversight and Government Reform. Raynes says Moody’s should be “put out of its misery” for its “pattern of fraud,” and describes a deal he witnessed that he considered fraudulent. Read “Moody’s Insider ... Read more

R&R Consulting’s Sylvain Raines comments on plans by veteran investigator Jules B. Kroll to create a new credit rating agency. Read the full article by Geraldine Fabrikant, “Corporate Sleuth Plans to Start Credit Rating Firm,” The New York Times, August 28, 2009.

R&R principal Sylvain Raynes calls for the government to take the lead in weaning the financial markets off their reliance on rating agencies. Reuters reports, “The Obama administration has said it wants markets to reduce their reliance on ratings after Moody’s Investors Service, Standard & Poor’s and Fitch Ratings created a false confidence in risky ... Read more