The Farce Is Complete: S&P Downgrades Moody's To BBB+ From A-2

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Tue, 08/03/2010 - 16:17 | 501634 Oh regional Indian
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Hahahahahahahaha! Too funny. 

Rather long justification for cannibalization.


Tue, 08/03/2010 - 16:34 | 501672 Pladizow
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Tue, 08/03/2010 - 16:42 | 501687 Oh regional Indian
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Pladizow. Be first. Please. 

I can see what is going on here. All good.


Tue, 08/03/2010 - 16:50 | 501699 traderjoe
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I'm pretty new here, but I don't mind the link. I clicked on it once, and figured it out. Just skip it. That's not too hard. 

Tue, 08/03/2010 - 16:57 | 501710 Oh regional Indian
Tue, 08/03/2010 - 16:23 | 501642 RicktheDick
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It's like two ugly girls fighting over who gets to sit next to Derek Jeter... Meanwhile he wouldn't fuck either one of them... I actually saw that happen. 

Tue, 08/03/2010 - 16:23 | 501646 AnAnonymous
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When fresh living flesh is running scarce, because of zombies success in expanding, the only remaining solution is to start zombiphagia.

Wed, 08/04/2010 - 05:47 | 502422 StychoKiller
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Ever see what happens to a sphere with too much vacuum inside?  Slowly, we see the crumpling of the paradym beginning...

Tue, 08/03/2010 - 16:24 | 501649 Bankster T Cubed
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Is Ambac still AAA?  How about MBIA?   LOL

Tue, 08/03/2010 - 16:26 | 501651 Ragnarok
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After being betrayed by the gov't one would think they would downgrade US debt as a final fuck you.

Tue, 08/03/2010 - 16:34 | 501669 Me XMan
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Tue, 08/03/2010 - 18:55 | 501885 Shameful
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Would you?  I mean would you risk the hellstorm (and possible "suicide") that could be brought down on your head or would you simply take the money and run?

Tue, 08/03/2010 - 17:10 | 501656 kujo
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Are you sure this is a downgrade? I think it's just a ratings action for a new shelf registration, I cannot find any previous debt that would have been downgraded. BBB+ and A-2 are two seperate ratings catagories.

Tue, 08/03/2010 - 16:28 | 501659 firstdivision
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Let me know when someone brownbags the others main entrance.

Tue, 08/03/2010 - 16:29 | 501662 Farcical Aquati...
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Dagong has to be loving this.

Tue, 08/03/2010 - 16:42 | 501688 Freebird
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Where's the class action against these mofos?

Tue, 08/03/2010 - 16:46 | 501693 InconvenientCou...
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New item appearing on the lunch menu at the Moody's cafeteria: soylent green.

Tue, 08/03/2010 - 16:45 | 501694 ZeroPower
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This makes me smile as much as banks upgrading/downgrading each other. Same shit, different pile of.

Tue, 08/03/2010 - 16:46 | 501695 Boba Fett
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I wonder if they went 2 out of 3 on the Roshambo to see who got to d/g who first...

Tue, 08/03/2010 - 16:51 | 501701 Gromit
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MCO 23.88 + .27

Tue, 08/03/2010 - 16:57 | 501711 curbyourrisk
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Articles like this are why I love ZEROHEDGE!

Tue, 08/03/2010 - 17:03 | 501721 buzzsaw99
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This gets funnier every day.

Tue, 08/03/2010 - 17:04 | 501722 ZackAttack
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My only real regret is that Uncle Warren only had a cost basis of about $10 for these shares (got them when DNB spun them out) so he didn't take it up the chute as he so richly deserved.

Tue, 08/03/2010 - 17:08 | 501726 johngaltfla
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"Hey honey, did I just drive over a possum?"

"Yeah I think you did."

"I'd best back up and make sure it ain't sufferin' "

Kathump, kathump, kathump.

"Now it's dead."

Tue, 08/03/2010 - 17:26 | 501755 trav7777
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"In financial news, trav7777 downgrades S&P to IDIOTS"

Seriously, "Farce, bitchez" was a better opening post for this article...

Tue, 08/03/2010 - 17:39 | 501771 Rainman
Rainman's picture

The court jesters are getting desperate......offing the members of their own family. Just like the banksters are doing to each other. Serial wealth murderers share the same profile, that's for sure.

Tue, 08/03/2010 - 17:44 | 501777 Pez
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Don't you know BBB+ is the "New" A-2. Just like 80 is the new 70.

Wed, 08/04/2010 - 05:50 | 502424 StychoKiller
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Also, dress sizes have been moving towards zero (if not outright negative numbers!)

Vanity! All is vanity!

Tue, 08/03/2010 - 18:24 | 501831 New_Meat
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and Fitch on the sideline, munching popcorn for now. - Ned

Tue, 08/03/2010 - 22:07 | 502133 Cistercian
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 I heard S&P was going to be downgraded by Moody's for incoherent ratings.

 Round 2 of downgrades should be rife with hilariousity.

Tue, 08/03/2010 - 22:27 | 502158 knukles
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Classic shit where you eat.

Wed, 08/04/2010 - 02:00 | 502344 Eric Cartman
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Sweet. I have a lot of LEAP puts on Moody's! Gonna get some of my money back from those jackwagons. 

Wed, 08/04/2010 - 04:59 | 502404 Mentaliusanything
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I wonder if the unemployed could make a buck selling sharpened Knives to both these blind and incompetent idiots. Keystone cops the lot of them.

Gave me a good laugh however. The whole thing is now a meat grinder

Sat, 10/09/2010 - 10:12 | 637669 senthil456
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There are certainly a lot of details like that to take into consideration.I read and understand the entire article and I really enjoyed it to be honest.
cheap vps | windows vps | forex vps

Tue, 10/26/2010 - 22:35 | 679494 guccichanel
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Wed, 07/13/2011 - 20:48 | 1454425 Ecoman11
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Wed, 07/13/2011 - 21:05 | 1454481 PaperBugsBurn
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Burn baby burn!

Awesome to see all these parasites attacking each other! EURUSD says it all about who the bankster faction winner will be!

Duck and cover, duck and cover !

Tue, 07/19/2011 - 18:44 | 1472192 Youri Carma
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Sort of more of that (canibalism) Moody’s figures miss on China loans: Merrill

Mon, 08/08/2011 - 12:50 | 1537800 MichaelRivero
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The short version is that S&P views Moody's failure to lower the US credit rating as casting doubt on the prudence of all their other business decisions.

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