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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.
As long as it’s just a fine, it’s just the cost of doing business. Start putting executives in jail.
It’s just fine.
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.