Moody's Pulls WeWork's Credit Ratings Citing Lack of Information

The transcript discusses the challenges faced by businesses in obtaining ratings due to insufficient information. It highlights WeWork's popularity and rapid expansion, particularly in major cities like New York. The conversation shifts to financial concerns, such as maturity mismatches and liquidity issues, which were evident during WeWork's bond offering. The transcript concludes with a reflection on the financial crisis and the role of ratings agencies, emphasizing the need for more information from companies.

What factors contribute to the demand for the offering mentioned in the text?

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What is meant by a 'maturity mismatch' in the context of the text?

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How did the bond offering's demand affect its size according to the text?

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What role did the ratings agencies play during the financial crisis as mentioned in the text?

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What information did Moody's indicate was needed according to the text?

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