Company Vitae: Moody's

Even nation states tremble at the prospect of a downgrade by Moody's, one of the leading bestowers of the triple-A credit rating. Where does its market-moving power come from?

by MT Staff

Formative years

In 1900, John Moody set up shop in New York to publish Moody's Manual of Industrial and Miscellaneous Securities, a compendium of financial information on the burgeoning number of stocks and bonds being issued by US companies and government agencies.

Moody's branched out in 1909 into the business that it's still in today - rating the financial strength of publicly traded securities for the benefit (in theory, anyway) of those who are in the market for them.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Become a subscriber

From £66 a quarter

  • Full access to managementtoday.co.uk
  • Exclusive event discounts
  • Management Today's print magazine
  • Plus lots more, including our State of the Industry Report.

Choose a Package