As the housing market collapsed in late 2007, Moody's Investors Service, whose investment ratings were widely trusted, responded by purging analysts and executives who warned of trouble and promoting those who helped Wall Street plunge the country into its worst financial crisis since the Great Depression.
A McClatchy investigation has found that Moody's punished executives who questioned why the company was risking its reputation by putting its profits ahead of providing trustworthy ratings for investment offerings.
How Moody's sold its ratings -- and sold out investors
In the bowels of the US Federal Reserve this summer, two of the world’s most powerful...
The food pantry at Penn State Harrisburg saw an uptick in students during the fall semester....
Bank of America CEO Brian Moynihan says the headlines about Gen Z’s fears about AI and...
