Why the U.S. Justice Department must act against Moody's Corporation

Research output: Contribution to journalArticle

Abstract

This short note discusses the importance of the decision facing the U.S. Justice Department in the near future regarding whether or not to take action against Moody’s Corp. for its actions in the lead-up to the Financial Crisis. Having already fined Standard & Poor’s a record $1.375 billion for defrauding investors, the Justice Department faces a much different proposition. This note establishes just some of the reasons why it is imperative that Moody’s is punished, even if ultimately the punishment is less noticeable than that given to Standard & Poor’s.
Original languageEnglish
Pages (from-to)220-221
Number of pages2
JournalBusiness Law Review
Volume37
Issue number6
DOIs
Publication statusPublished - 6 Dec 2016

Bibliographical note

Cash, D. (2016). Why the U.S. Justice Department must act against Moody's Corporation. Business Law Review, 37(6), 220-221.

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