For instance, in 2002 Moody's acquired KMV, the global leader in provision of objective and quantitative credit risk assessment tools.

FORBES

Moody 's ( MCO - news - people ) acquired KMV, the global leader in provision of objective and quantitative credit risk assessment tools.

FORBES: Rating Agencies Should Get A Death Sentence

The second choice is to take bolder action--we abolish the "Nationally Recognized Statistical Rating Organization" status that credit ratings firms currently have (as provided by the U.S. Securities and Exchange Commission) and open up the way for competition that encourages the growth of new and diverse types of credit assessment firms that cater to investor needs with objective and dynamic measures of risk.

FORBES: Rating Agencies Should Get A Death Sentence