Precipitated

Precipitated by the fall of two California utilities and Enron Corp., Moody’s Investors Service said Friday it will increase its global analytical focus on the credit risk implications of “rating triggers” written into a borrower’s debt securities or other contracts because they may cause unintended and “highly disruptive consequences” for both borrowers and lenders. In some cases, warned Moody’s, the rating triggers could lead to “mutually assured destruction” including defaults and bankruptcies.