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Moody's: An Impenetrable Moat? (Ticker: MCO) with Joe Kowaleski

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Moody's

Moody's take rate on debt issuance was, you know, one basins point. And I think now, last year they were up to like seven basis points too. So there's definitely the high level tailwinds you're getting from all this growth. But then you have a government regulated oligopoly called that can kind of keep raising that take over time.

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