Moody’s Urges Tougher NAIC Treatment for Private Credit Ratings
Bloomberg's Silas Brown joins Scarlet Fu on "Bloomberg Real Yield." Moody’s Ratings has called for the US insurance industry’s top watchdog to impose tougher treatment on private credit ratings amid concerns they can overstate credit quality and allow borrowers to shop around for favorable grades. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.