Unformatted text preview: 2) If you were a bond issuer, would you care if Moody’s changed the rating on your bonds? Why or why not? As a bond issuer, my story would changes somewhat. I’d be more concerned of Moody’s bond ratings as an issuer. I say this because the bond ratings could hurt my chances of getting the bonds sold. The ratings are more apt to put doubt into the minds of possible investors, even if they are “only” opinions sated by Moody’s. P.S. I don’t mean to sound down on Moody’s in any of my post, but I’d have to count their ratings as exactly what they are- “only” opinions. I’d also like to apologize for such a late post. I was busy this week with a family crisis, and then had some issues with our textbook exercises that I had to figure out. Thanks for understanding. Wendy Eller...
View Full Document
- Spring '09
- Following, Moody, Bonds, Lancashire