Taking still another view, the actual and statistically predicted Morgan Stanley credit ratings both show a rating in the "investment grade" territory. The statistically predicted rating is 1 notch below the legacy rating from firms like the Standard & Poor's affiliate of McGraw-Hill (MHFI) and Moody's Investors Service (MCO). The legacy ratings of the company have changed only 4 times in the last decade, in spite of the need for the U.S. government to inject $10 billion of capital into the firm.