Moody's Investors Service is not courting Norman Last to become part of its private placement initiative. For last week's article, called "Thomson Sells BankWatch to Fitch," Moody's was not contacted for comment or verification regarding rumors that were circling the market.

According to Brian Clarkson, Group Managing Director and head of Asset Finance at Moody's, the rating agency believes their current staffing model positions the agency well in the private placement market.

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