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gladstein

A “Mandibles then Bitcoin Standard” nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx special

Resonance Cascade The II 7mo ago

What the fuck is a Moody's? Why trust this shit?

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Discussion

SwapMarket 7mo ago

Fixed income asset managers are mandated to look at the ratings.

Resonance Cascade The II 7mo ago

Moody's played a significant role in assigning inflated ratings to toxic financial products, contributing to the severity of the financial crisis in 2008.

Trust

SwapMarket 7mo ago

Their methodology was gamed by investment banks. Because banks could hire better quants. Nothing personal, just capitalism.