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Timing of stock sales by Moody's chief raises questions
The chief executive of Moody's Investors Service sold almost $3 million in company stock this year, and $7.1 million last year, both times right before his company's stock price fell from its peak levels, a McClatchy analysis has found.
In one case, CEO Ray McDaniel sold 100,000 shares of Moody's stock on the same day that the Securities and Exchange Commission notified Moody's that it was under investigation
Read more: www.mcclatchydc.com...