Tag: Credit Risk

  • How Moody’s Makes Money: Selling Trust in Global Finance

    How Moody’s Makes Money: Selling Trust in Global Finance

    Introduction When most people think about investing, they think about companies that build products, provide services, or sell software. Very few investors spend time thinking about the businesses that sit behind the financial system itself. Yet some of the most profitable companies in the world do not manufacture anything tangible. Instead, they sell information, analysis,…