Moody and the Meltdown
Here’s an entirely disrespectful, irreverent and off-the-wall analysis of Moody’s rating agency and its role in the mortgage meltdown. Courtesy of “Animal House” and monkeybusinessblog.com
It proves the mortgage crisis and all those securitized pools aren’t as dull and technical as most of us financial writers make them seem. It’s all in how you explain it.