Junk rating Financial crisis couldn’t have occurred without the rating agencies.  89% of Moody’s 2007 investment-grade securities later classed as junk.  Yet S&P, Moody’s and Fitch still control 96% of global market, and make debt-issuer pay for their ratings. Guessed the Word?       Series 11 (1/4)        [photo: Alexas_Fotos]