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Opinion

Moody’s goes Bollywood or bust

Hats off to the financial institutions team at a US investment bank who made a highly amusing Bollywood movie using an online service.

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With a turnaround time that would shame the major Hollywood studios, the industrious insiders produced its satire on Moody’s decision to upgrade numerous financial institutions to triple-A status within days of the rating agency’s faux pas.

In the movie, a ‘baddie’ who clearly owes a debt to James Bond’s nemesis Ernst Stavro Blofeld – and represents Moody’s – claims he will "destroy his credibility at a stroke".

But we can’t do it justice. See it for yourself.


Comment: Moody’s invites market ridicule with new bank ratings

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