Moody's, every mention
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Verbatim, from the transcripts: the passages where Moody's comes up
Howard Marks & Andrew Marks: Something of Value · Acquired
- ▶ 19:36 Howard Marks Right, and the big investment banks, which is in those days were separate, the big underwriters, and let's remember that in Moody's manual, it defined a B-rated bond as follows.
- ▶ 20:22 Howard Marks But you know, in 1978, Moody said these bonds are not proper for investment regardless of price.