What is the history of Moody's Corporation?
Moody's Corporation, established in 1909, has a rich and influential history. The company was founded by John Moody as Moody's Manual of Railroad Investments, aimed at providing investors with information and analysis on railroad bonds. Over time, Moody's expanded its services to cover a wide range of sectors and added credit ratings to its offerings. Throughout the years, the corporation grew its expertise, becoming a leading provider of credit ratings, research, and risk analysis. It played a pivotal role in the financial industry, especially during significant events such as the Great Depression and subsequent market crises. Moody's continued to innovate and expand globally, acquiring various companies and expanding its portfolio of products and services. Today, it stands as a prominent, trusted name in credit ratings and financial research, supporting investors and institutions worldwide.
Answered May 3, 2024
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