I have a large amount of respect for most officials. The ones that let the wrestlers decide the match.
I have a large amount of disdane for officials that try to make themselves a part of the show, or have personal vendettas that they reveal on the mat. Or those that can't admit when they do make a mistake.
Officials are like any profession. YOu have the 90% of them that do their jobs admirably, and 10% that give them all a bad name.
Plain and simple, the ref decided that match. Moeder roughed the guy up a little bit, and the ref overreacted. Moeder has admitted he made a mistake. Has the ref?