dealbook.blogs.nytimes.com - 3/22/2009
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In his annual Berkshire Hathaway letter, Warren E. Buffett recently urged investors to pose tough questions at the shareholders meeting in May. Here is one that The New York Times's David Segal says is on the mind of some Buffett watchers: When are you going to fix Moody's?
Mr. Buffett, known as ...
Moody’s Intrinsic Value
widemoatinvesting.wordpress.com 4/10/2009 — 2008 was a tough year for Moody’s Corporation, with free cash flow (FCF) levels falling to 2003 levels, or $450 million. In our previous analysis, we argued that Moody’s economic moat has shrunk over the last couple of years, as its credit ratings for ...
Credit Crisis Indicators
calculatedriskblog.com 4/3/2009 — Here is a quick look at a few credit indicators: First, the British Bankers' Association reported that the three-month dollar Libor rates were fixed at 1.166%. The LIBOR was at 1.30% a couple of weeks ago, and peaked at 4.81875% on Oct 10, 2008. This ...
Moody's Strips Berkshire of Its Triple-A Rating
dealbook.blogs.nytimes.com 4/9/2009 — Moody's Investors Service, one of the main credit ratings agencies, on Wednesday downgraded Berkshire Hathaway two notches from triple-A, tarnishing the luster of Warren E. Buffett's investment vehicle.
Moody's analysts lowered Berkshire's rating to ...
David Einhorn versus Warren Buffet on Moody's (MCO)
fundmymutualfund.com 5/28/2009 — Battle Royale in Moody's ( MCO ) it appears after David Einhorn engages on the short side versus Warren Buffet's long position. For those not familiar with David Einhorn he is a youngish hedge fund manager who exposed Lehman Brothers in a very public way - that said his hedge fund lost 22% last ...
Blaming Moody’s
ritholtz.com 12/7/2008 —
“These errors make us look either incompetent at credit analysis or like we sold our soul to the devil for revenue, or a little bit of both.”
— A Moody’s managing director responding anonymously to an internal management survey, September 2007.
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Bond Trading Highest Since ‘07
calculatedriskblog.com 2/20/2009 — From Bloomberg: Bond Trading Highest Since ‘07 as Credit Freeze Thaws Corporate bond trading in the U.S. is rising to the highest level in two years, adding to evidence that credit markets are thawing even with stocks off to their worst start since ...
Buffett Dumps Moody’s (MCO, BRK-A)
247wallst.com 7/23/2009 — Moody’s Corporation (NYSE: MCO) just got a rather interesting insider selling shares, none other than Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). The listed entities were Berkshire itself, National Indemnity, OBH, and GEICO. The ...
Greenlight's Einhorn says shorting Moody's
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reuters.com 5/28/2009 — * Greenlight Capital's Einhorn says shorting Moody's stock * Greenlight says credit ratings lost credibility * Einhorn says Moody's has negative net worth $900 mln * $7.2 mln Allied Capital short-sale gain goes to charity By Joseph A. Giannone NEW ...
The Real AIG Scandal, Continued! —
The Big Money 3/23/2009
The AIG scandal is getting ever-more disturbing. Goldman Sachs' public conference call explaining its trading relationship and exposure with AIG established, once again, that Goldman knows how to protect itself. According to Goldman, even if ...
Ford Sets Its Sights Past Detroit, Washington —
The Big Money 3/23/2009
Ford may attract foreign investors in the near future, according to a report filed by Douglas A. McIntyre for 24-7 Wall St. Abu Dhabi's investment in German carmaker Daimler could serve as a model for involvement in the beleaguered U.S. auto ...
Foreign Investors Eyeing Ford? —
The Big Money 3/23/2009
Ford may attract foreign investors in the near future, according to a report filed by Douglas A. McIntyre for 24-7 Wall St. Abu Dhabi's investment in German carmaker Daimler could serve as a model for involvement in the beleaguered U.S. auto ...
Will Foreign Investors Eye Ford? —
The Big Money 3/23/2009
Ford may attract foreign investors in the near future, according to a report filed by Douglas A. McIntyre for 24/7 Wall St . Abu Dhabi's investment in German carmaker Daimler could serve as a model for involvement in the beleaguered U.S. auto ...
Goldman, Please Give Back the Money —
The Big Money 3/23/2009
Conventional wisdom over the last week has gone from "it's outrageous that folks on the government dole are getting hundreds of millions in bonuses" to " let's stop worrying about millions in bonuses and get back to worrying about billions in ...
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