• girlfreddy@lemmy.ca
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    2 months ago

    Moody’s Corporation (MCO) Revenue 1Q 2024 - $1.8 billion

    Moody’s Analytics (MA) Revenue 1Q 2024 - $700 million

    Moody’s Investors Service (MIS) Revenue 1Q 2024 - $987 million

    $20 million fine is spare change. Fucking assholes.

  • DogPeePoo@lemm.ee
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    2 months ago

    SEC is complicit.

    Where do the “fines” even go? Certainly not to the investors who got fucked.

    My guess is they are just lip service fines— printed and published but never even collected.