Chicago’s upcoming sale will carry a Moody’s rating for first time in eight years – The Bond Buyer

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Truth in Cook County
3 years ago
Reply to  Mark Glennon

The credit rating agencies have a core conflict of interest, as you indicate. None were on the ball before the GFC in 2008. They help shape a financial illusion. When things go bad that they should foresee, we get the “hoocoodanode.” Same with Big 4 auditors. They are all giving clean opinions on Eurozone banks. A joke.

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