Moody's (MCO)...Should You Just Pile On?

I was just pinging my pal Phil that I suck for not being short Moody’s (MCO) . Another 3,500 employees are in jeopardy there.

Why do we really need a rating agency when information is a commodity and the stuff you ‘pay’ for has been ‘paid off’ to get it worthy of being ‘paid for’.

We are truly rotting. This confidence of crisis is really hard to measure and it’s why we drip instead of plummet. The plummet is likely ahead for the indexes. Oy.

I, like Barry, have never needed to talk with CEO’s . I would rather talk with my friends and now Twitter than Yahoo Finance beyond the company profile page.