+Economy & Policy | 1441 days ago

There’s no business like bond-rating business

By wpcomimportuser1

Here are the operating margins (operating profits divided by revenue) of Moody’s Corp. Inc. over the past five years: 2007 50% 2006 62% 2005 54% 2004 55% 2003 53% Anybody know of any other business with margins like that? I checked a couple of what I thought were likely suspects, Google and Qualcomm, and they [...]