Filed under: Financials and analyticals, Investments

Moody’s (NYSE:MCO) wants to replace its old ratings system, which used letter grades, with a new one which will use numbers. It also wants to put “warning labels” on securities like CDOs because they are complex and hard to rate.

Story continued at 24/7 Wall St.

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This entry was posted on Tuesday, February 5th, 2008 at 10:23 am and is filed under Financials and Analyticals. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.