Hints and tips:
...Kevin Fagan, a senior credit officer at Moodys, says that such widespread losses is exactly what the rating agency had tried to warn against....
...They use a problem-based approach that they call LDCA (“Learn, Do, Check, Act”) based on the advice issued by W Edwards Deming, the management expert....
...Mr Fagan could not be reached for comment and lawyers for the plaintiffs did not know his whereabouts. Other lawyers involved in the case said they would launch an appeal....
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