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In 1996, allegations were made against Moodys that it was issuing ratings on bonds it had not been hired to rate, in order to pressure
In 1996, allegations were made against Moodys that it was issuing ratings on bonds it had not been hired to rate, in order to pressure issuers to pay for their service. The government conducted an inquiry, but charges of antitrust violations were dropped. Even though no legal action was taken, does an ethical issue exist?
please explain clearly in part what ethical issue in here!
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