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Loan Modification

: Mortgage Lender Implode-o-Meter

Moody's CEO calls subprime ratings 'disappointing'

By Implode-Explode Heavy Industries

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"The chief executive of Moody's Corp. says his company's inaccurate ratings of mortgage-related investments were "deeply disappointing" but investors shouldn't rely on ratings to buy or sell securities."

Full post as published by Mortgage Lender Implode-o-Meter on June 02, 2010 (boomark / email).

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