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Posted by pompos 03/17/2009 @ 18:09

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Moody's opens Pandora's box on AAA debt rating - Sydney Morning Herald
An earlier one by Moody's Investors Service deserves more attention. The Moody's action didn't involve the UK, but Japan. On May 18, it stripped Asia's biggest economy of its last AAA rating. Moody's cut Japan's foreign-currency debt grade from Aaa to...
Moody back on track with spot in elite race - Denver Post
By John Meyer BOULDER — After concluding a frustrating collegiate career in near despair, Tera Moody decided to enter the 2004 Bolder Boulder 10K road race. She just wanted to break 40 minutes, a seemingly modest goal considering she had won the Big 12...
US STOCKS-Moody's reassurance, Sears lift Wall St - Reuters
NEW YORK, May 22 (Reuters) - US stocks opened higher on Friday on reassuring comments from Moody's about the credit rating outlook for the United States and a flurry of upbeat quarterly results from major retailers. Sears Holdings Corp (SHLD....
Agreement with IMF will not affect Turkey's credit rating- Moody's - Hürriyet
ISTANBUL - Moody's Turkey analyst Kristin Lindow said an agreement with the IMF would not affect Turkey's credit rating, adding that measures that would remedy the uncertainty prevailing in the markets were necessary. Lindow told the Anatolian Agency,...
Accredited Mortgage Loan Trust 2003-3, Asset-Backed Notes, Series ... - The Alacra Store (subscription)
Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research...
Flawed credit raters reap profits as regulators fail - Seattle Times
By David Evands and Caroline Salas Fitch Ratings CEO Stephen Joynt, left, Moody's chief Raymond McDaniel, center, and Deven Sharma, president of Standard & Poor's, testify before Congress after employee e-mails questioning dubious ratings were obtained...
Japan's Debt Ratings Unified at Aa2 by Moody's - Bloomberg
By Steven McPherson and Keiko Ujikane May 18 (Bloomberg) -- Japan's local and foreign-currency debt ratings were brought to the same level, Aa2, by Moody's Investors Service to reflect that the repayment risk for each is equal....
Moody's may cut Asian banks on limited govt support - Reuters
HONG KONG, May 20 (Reuters) - Moody's said on Wednesday it may downgrade a host of banks across Asia, citing constraints faced by governments in supporting their financial systems at a time when countries face more pressure to service their debts....
Moody's upgrades Cablevision's Newsday bond - Newsday
BY EMI ENDO | Moody's Investors Service has upgraded the junk rating it originally gave the bond that is financing Cablevision Systems Corp.'s purchase of Newsday. The credit rating agency also upgraded other ratings for the...
Moody's Reviews Five Kazakh Financial Institutions for Downgrade - American Chronicle
Moody's Investors Service today placed the issuer and deposit ratings of five government-owned Kazakh financial institutions on review for possible downgrade. Four of the five affected entities are government-related issuers (GRIs...

Moody's Mood for Love

Later, jazz singer Eddie Jefferson wrote lyrics to this improvisation by Moody. This particular arrangement of the song did not come to be known by its now common title of "Moody's Mood for Love" until King Pleasure released a very popular vocal version in 1952. King Pleasure's version included vocals by Blossom Dearie as well as instrumental contributions from Teacho and Band. Other artists who later released renditions of the song include Van Morrison, George Benson, Aretha Franklin, Queen Latifah, Quincy Jones, Tito Puente, Kermit Ruffins, The Ray Gelato Giants, Amy Winehouse and Georgie Fame. The TONY award-winning musical Jersey Boys featured the song. The song also has been featured on an episode of The Cosby Show, as well as in an early 1990's Gap television commercial.

The lyrics are often incorrectly attributed to King Pleasure because he was the first to record it. However, some sources report that when Pleasure was asked to write more lyrics to solos he confessed that he had not written this one. He had heard Jefferson perform it in a jazz club some years before and asked permission to reproduce it. James Moody later hired Jefferson to come on the road with him. Jefferson also appears on several recordings with Moody.

Another repercussion of Jefferson’s lyrical marriage to Moody’s solo was the impact it had on jazz singer Jon Hendricks. The story goes that Hendricks was sitting in a café when the King Pleasure recording of "Moody’s Mood" came on the jukebox. According to Hendricks, he had been writing “unpopular” songs for some time, but when he heard the recording and realized that it was a saxophone solo with words he decided to change his approach to songwriting. “I didn’t have to stop at 32 bars. Now I could write lyrics for all the parts in the orchestra.” He went on to collaborate with singer/arranger, Dave Lambert, and singer, Annie Ross, to form the group Lambert, Hendricks & Ross. The group multi-tracked their voices and recorded the album Sing a Song of Basie in which they sang lyrics by Hendricks to the full arrangements of the Count Basie Orchestra (Ross singing all the trumpet parts, Hendricks singing the saxophone parts and Lambert singing the trombone parts). With the exception of a small rhythm section, all 13 horn parts were reproduced by the three voices dubbed over.

In 2006, American Idol contestant Elliott Yamin performed the song. His version appears on the album American Idol Season 5: Encores. This version, although being considered by many the best track on the album,just missed the Billboard Hot 100, peaking at number one on Billboard's Bubbling Under Hot 100 Singles chart.

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Moody's AAA Bond

Moody's AAA Corporate Bond, also known as "Moody's AAA" for short is an investment bond that acts as an index of the performance of all bonds given an AAA rating by Moody's Investment Firm. This corporate bond is often used in macroeconomics as an alternative to the federal ten-year Treasury Bill as an indicator of the interest rate. Moody's and other investment companies have other less common investment bonds that are also used.

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Moody's Mega Math Challenge

Moody's Mega Math (M3) Challenge is an applied mathematics modeling contest for high school students in all New England and Mid-Atlantic states, from Maine through Washington D.C. It is sponsored by The Moody's Foundation (a charity of Moody's rating agency) based in New York City and organized by the Society for Industrial and Applied Mathematics (SIAM) based in Philadelphia. The M3 Challenge awards $80,000 in scholarship prizes each year to the top teams. An additional incentive is the recognition that the winning teams receive. The winning paper from 2008 was published in the College Mathematics Journal and a representative from High Tech's team appeared on FOX Business Channel.

Registration is open to high school junior and senior in eligible areas. Teams consist of three to five students and one coach, who must be a teacher at their school. There is no cost to register or participate in the Challenge.

The M3 Challenge is held annually on a Saturday and Sunday in March. Students choose which day they wish to work. Teams download the problem from the Challenge website at 7:00 a.m. and must upload their solution paper by 9:00 p.m. that same day. They can work from any location they choose.

Two professional Ph.D.-level applied mathematicians write the Challenge problem. Students have no knowledge of the problem before they download it on their selected Challenge day. To solve the problem, they are allowed to use any inanimate, free, and publicly available sources. They cannot have any outside help from anyone, including their teacher-coach.

Ph.D.-level applied mathematicians judge the contest in three phases. In triage, each paper is read through at least two times before being eliminated or passed on to the second round. The triage round of judging eliminates two-thirds or more of the submitted papers. In the second round of judging, papers are read up to an additional 8-10 times each, and the top 11 papers emerge. The top six will go on to the presentation round of judging while the remaining five papers receive honorable mention team awards. Judging is blind until the presentation round, with teams known only by a unique team ID number. The presentation round is held at the Moody’s corporate headquarters in the World Trade Center on Wall Street where the teams present their papers to a panel of four judges. Following the presentations, judges rank the teams and a formal award ceremony takes place.

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Source : Wikipedia