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» Moody’s Finds Competitors’ MBS Ratings Often More Generous, Claims Notching Not an Issue
Moody’s Finds Competitors’ MBS Ratings Often More Generous, Claims Notching Not an Issue
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The debate over the practice of notching ratings for securities backing collateralized debt obligations heated up last week, when Moody’s Investor Service released a study suggesting that its competitors are creating a problem where none exists.