Archive for the 'Stanford Stonewalling' Category

Moodys downgrades Ukraine while Russia has kompromat on Darrell Duffie

April 8, 2014

http://rt.com/business/moody-ukraine-downgrade-default-545/

Moody’s Investors Service has downgraded Ukraine’s government bond rating one notch from Caa2 to Caa3, citing the current political crisis and deepening economic instability as reasons for its negative outlook.

The Caa rating is a credit risk grading pertaining to investments that are both very poor quality and entail a high credit risk. The current downgrade drops Ukraine from Moody’s “extremely speculative” rating to “default imminent with little prospect for recovery.”

Moody’s said the downgrade was driven by three factors, which “exacerbate Ukraine’s more longstanding economic and fiscal fragility.”

Some comments

B.F. 07.04.2014 07:15
Oh my goodness, now who would have expected this to happen !!! The US and EU instigate a coup d’etat in Ukraine, and Russia gets back the Crimea. Now the shocked US and EU have found themselves in a position to financially rescue the very goons they put into power, and ofcourse they dont have the money to do so. And the Ukranians ? Pensions cut by 50 %, wages cut up to 70 % and energy expenses raised by 100 %. The population is slowly going into a state of shock, while the goons turn on each other. Things did not go as planned, now did they ? No looting of Russia, but plenty of expenditures on Ukraine. My goodness !!!

DS 06.04.2014 23:37
You can be sure the West, especially the US, is pressuring Moody’s. But wait…which way? Collapse so we can rescue them, or no collapse so the people won’t see what foolish dic.s we were to overthrow their only chance to survive? Hmmm.

“dynamic asset pricing theory” “provisional manuscript” site:.ru

“dynamic asset pricing theory” “provisional manuscript” site:.ua

Russia has posted the above kompromat document on Darrell Duffie, Stanford prof and head of Moody’s MIS committee.  The above document helps prove that Duffie copied the paper of a 3rd party to insert into the Stanford 2000 Ph.D. thesis of Jun Liu now at UCSD.

More detail about this here.

 

http://ir.moodys.com/governance.cfm

 

Director since October 2008

Darrell Duffie, Ph.D., age 59, is Chairman of the MIS Committee and is a member of the Audit and Governance and Compensation Committees of the Board of Directors. He is the Dean Witter Distinguished Professor of Finance at Stanford University Graduate School of Business and has been on the finance faculty at Stanford since receiving his Ph.D. from Stanford in 1984. He has authored books and research articles on topics in finance and related fields. Dr. Duffie is a member of The Federal Reserve Bank of New York Financial Advisory Roundtable, and the Board of The Pacific Institute of Mathematical Sciences and is a Fellow and member of the Council of the Econometric Society and a Fellow of the American Academy of Arts & Sciences. He is Chairman of the Market Participants Group on Reference Rate Reform.  Dr. Duffie served as a trustee of iShares Trust and a director of iShares, Inc. from 2008 to 2011 and was President of the American Finance Association in 2009.

 

Repeated emails have been sent to various persons at Stanford asking Stanford to investigate this and to tell Moody’s and the Securities Exchange Commission. These have received no reply.  These are to professors aware of this and also to administrators.  Stanford is stonewalling telling Moody’s, the SEC and investors.

The above is draft and preliminary.  Please restate as questions.  Comments and corrections welcome.  These are hypotheses and speculation on issues of public interest.  All other disclaimers apply.

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