04 Nov Financial Times Interviews R&R’s Raynes and Rutledge about Moody’s
Posted at 04:33h
in Credit Spectrum
"In the late '90s, research and development at Moody's slowed right down," says [Ann] Rutledge. "The banks caught up. And then they came to be the ones in the lead." As the structured finance arms race accelerated, Moody's and its peers became more passive participants....