John Moody (financial analyst)
Jersey City, New Jersey, U.S.
|Died||February 16, 1958
(aged 89 or 90)|
Los Angeles, California, U.S.
|Known for||Founder of Moody's|
John Moody (1868 – February 16, 1958) was a U.S. financial analyst and investor. He pioneered the rating of bonds and founded Moody's Investors Service. Moody's Manuals are still issued, carrying on the tradition begun by Moody's Manual of Railroads and Corporation Securities and continued by the annual Moody's Analyses of Investments.
Moody and bond rating
There are two superpowers in the world today in my opinion. There's the United States and there's Moody's Bond Rating Service. The United States can destroy you by dropping bombs, and Moody's can destroy you by downgrading your bonds. And believe me, it's not clear sometimes who's more powerful. (February 13, 1996 interview with Jim Lehrer)
Moody was a convert to Roman Catholicism after being raised a self-described Low Church Protestant Episcopalian, then a Broad Church Episcopalian. He received an honorary Doctor of Laws from Boston College, and was made Knight Commander of the Order of the Holy Sepulchre of Jerusalem by Pope Pius XI.
Moody was the son of William Francis Moody (1834-1919) and his wife Sarah Jane, née Nichols (1839-1897). He was one of five children. He was married to Anna Mulford Addison (1877, Nice, France – 1965); their sons were UCLA philosopher and medievalist, Ernest Addison Moody (1903-1975) and John Edmund Moody (1900-1926), who died of typhoid fever in Messina, Sicily.
- The Long Road Home (1933), copyright renewed 1961
- ; will become public domain in 2029].
- Fast by the Road (1942) Copyright renewed 1969
- John Henry Newman (1945, Sheed & Ward, New York)
Works available online