Politics & Government

October 18, 2009 6:00 AM

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

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.

Related content

Suggested for you



Politics & Government Videos