The millions earned by Moody's employees and shareholders do not compare to the cost or amount of money lost from world markets during the financial crisis caused in part by Moody's ratings. 2d. If I were the typical executive in the recent study that found that more than 50% of corporate executives gave higher ratings to the Golden Rule and the Disclosure Rule than to other ethical approaches, I would say that Moody's was unethical in this case. They failed in their duty to disclose the negative aspects of RMBS securities to customers and regulators. Furthermore, Moody's failed to treat investors as they would like to be treated, when Moody's failed to provide good and reliable credit ratings for an investment product that was too complex for the customer to understand on their own..