Financial Times FT.com

Ratings agencies

Moody’s hit by short selling

By Aline van Duyn in New York

Published: September 27 2009 22:45 | Last updated: September 27 2009 22:45

Short sellers have increased their positions in Moody’s, one of the biggest credit rating agencies, amid growing scrutiny of the sector by lawmakers.

This week, a series of Congressional hearings will consider the influence of credit rating agencies and whether new regulation is needed for the sector.

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