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BERKO: Which bond rating service is better? (access required)

Dear Mr. Berko: Between Standard & Poor's and Moody's Investors Service, which of the two firms is better at analyzing stocks and bonds? Also, what are cat bonds? -- BD, Charlotte, N.C. Dear BD: I believe that Moody's ratings are superior to those of Standard & Poor's. Historically, municipal and corporate investment-grade bonds ranked by Standard & ...

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