No they were not the good guys doing the company a favour lol ( more like wailing aloud!)
The report had massive errors. They knew contract with China was the weak link and would make the report stick despite errors.
Then all hell breaks out and anyone can say anything. Any weaknesses in company found after that is amplified. It's self fulfilling after that. Like a successful computer virus.
The truth is somewhere in-between.
It's too late now the cannibalism of shorting has won.
Ann: Credit rating change (Moodys), page-74
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