Moody’s: U.S. Aaa Rating Not Under Pressure in 2010 or 2011

by | Nov 16, 2010 | Towing

The U.S. Aaa credit rating won’t be under pressure from budget deficits in 2010 or 2011, Moody’s Investors Service (MOD) said.

The White House budget office projects that the federal deficit will top $1.5 trillion this year.

“Certainly over time, a…

Buffett Sells More Moody’s Shares

by | Sep 15, 2010 | Towing

Warren Buffett continued to sell his stake in Moody’s, the credit ratings agency faulted for contributing to the financial crisis because of the rating it issued to new and complex high-risk investments during the height of the…