Good Idiot - Bad Idiot: Moody's Maintains Top US Rating, Outlook Positive

Tyler Durden's picture

Following the bad idiot move by the S&P earlier, here comes the good idiot. Per Moody's: "Moody's Maintain Top US Rating, Outlook Positive." In other news, Mark Zandi is violently and uncontrollably dry heaving in a corner somewher, wondering why, oh why, is it so difficult to get Tim Geithner's job.

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Drag Racer's picture

I don't care who ya are, that shits just funny right there.

66Sexy's picture

We're seeing this more and more. Systemic 'good cop bad cop'. JP Morgan vs Goldman on commodities; Moody's vs SP. One thing we do know, all parties know the information before it is announced to the public.

God forbid every financial institution should be bullish. That would imply the markets are.. illegitimate! 

redpill's picture

Don't forget the dueling Fed governor statements

willien1derland's picture

Good point...information before it is announced to the Public? - that is heresy </Sarcasm off> - insider...ohhh wait on the TIP of my tongue...insider trading? Damn What would Martha Stewart do?

silvertrain's picture

And Moody's made a statement of support in a split second..And to think this whole casino is only standing upright due to perception..

carbonmutant's picture

Sounds like an Excellent Adventure...LOL

oogs66's picture

Buffet owns Moody's. 'Nuf said.

bob_dabolina's picture


They voted for it before they voted against it

I've seen this before.

silvertrain's picture

Steve Liesman is also scrambling for something positive on cue..I think I could have emailed him myself with a positive outlook and it would have went straight to air...

treemagnet's picture

actually becky and the girls have to jump start the boys with a little peek, sort of like re-booting.

gordengeko's picture

"Zandi uses old-style Keynesian models in the spirit of Nobel Prize winner Lawrence Klein."


Enough said.

malek's picture

I was just like "Zerohedge has a wiki?" Nope. (And that's OK.)

gordengeko's picture

Didn't think of I should post the source next time.

carbonmutant's picture

Ratings don't matter, BTFD ...LOL

silvertrain's picture

This should however be a mma type of battle today to get this market green to discredit s&p...

Cognitive Dissonance's picture

Either Moody's sees nothing but sunny skies ahead or it doesn't wish to bite the hand that can crush it.

oogs66's picture

They checked and buffet is long so would violate berkshire's help the insider trading rules

Hondo's picture

Moody's has absolutely no credibility at rating anything.  They were up to their eyeballs in the WorldCom fiasco (even to the point of having someone on the board), the Sub-Prime fiasco and every other corrupt thing you can think of.  The agency is nothing more than a Ponzi enabler to be bought by the Ponzi merchants.

Gimp's picture

Agree - Moody's and their talking hand Zandi have absolutely no credibility

VFR's picture

gold traders believe them. 

americanspirit's picture

It's all so heartwarming - this faith in the good old USA. Of course we're going to be allright, after all, in God we trust. Yea, though I walk through the valley of the shadow of death, etc, etc.

It's like walking down the main drag of the state fair, with all the carnies shilling their show. Let's see, shall we go look at something gross like the 500 # bearded lady, something ludicrous like the machine that turns monkey shit into gold, or maybe something really interesting and reptilian with two heads. So many choices!

A_MacLaren's picture

Kinda tells you who can do math, and who's pwned

Skeptical_10016's picture

do you think Geithner / Obama et al will use the market selling off on a negative outlook to their advantage to strongarm the GOP into raising the debt ceiling?  hmmmm.........seems like Timmy was trading on insider info yesterday by going public with his concerns.......

Dr. Engali's picture

I firmly believe that is what it's about.

6 String's picture

The Ponzi masters are getting desperate. Look at the trading today. They are hanging by a thread. I can't wait until QE ends. This is going to be a fucking blast.

Gimp's picture

  QE ain't going to end until it all collapses  next year as planned. US dollar will be dead and some global BS currency will be forced on us all...

uno's picture

cannot let gold and silver close positive at any cost today.

6 String's picture

completely, uno. It's why the despots are hanging by a thread. This is nothing but a complete hammer down by JP Morgan. In fact, the way P.M.'s are trading today I don't need to see the other side of JP Morgan's book. JP Morgan is, in fact, the fucktards holding and putting on the shorts on the P.M.s.

Today's trading bullshit is complete proof of their internvestions and fear of a fiat collapse. Jamie and Blythe are yelling down to their traders, "if you want your fucking jobs you will take down the P.M.s today, and you better get those subsidiary HFT's rolling the market up. We can't have this shit boyz."

Yeah, whatever, Fuck You JP Morgan Chase. You're going down.


uno's picture

also the DXY has to be positive and I expect the Dow and S&P close up, gotta control the headlines

Skeptical_10016's picture

and yah, according to the "republican" non-partisan economist Mark Zandi, who claimed my initial stimulus would have created or saved 10,000,000,000 jobs, per his / Romer's model, thinks the US is fine........

lsbumblebee's picture

Dollar up on this news:

"BRICS Make Move to Shove Dollar Aside"

Gold down on this news:

"S&P cuts U.S. outlook to negative on fiscal worry"

Hephasteus's picture

Ya that bric business caught my eye the other night.

I can hear geihtner on the phone talking to india.

"Is this beause of those chinese students laughing at us?"

"This is becuase we sent hilary over there isn't it?"

"Hey I know intel owes your exchequers quite a bit of money for the laundering paper computers thing. I'm good for it man. I'll get it to you next month."

lsbumblebee's picture

"Mr. Tim you have good phone voice. You need job some day. Maybe exile. Come see me."

Everybodys All American's picture

and that's why Buffet can front run all day long.

Troy Ounce's picture



Prostitute Moody got paid last night by the Gov; that's the difference.

Thunder_Downunder's picture

Ahh the ol 1-2 sucker punch. It's a tired script, but everyone loves the classics...

Sutton's picture

"I don't give a crap  about S&P's ratings, I'm going to continue to buy 80% of issuance"


Benjamin S Bernanke

aheady's picture


- Busta Bernank

ISEEIT's picture

What a wonderful morning of watching the 'free-market' play ping-pong. This shit is so transparent at this point. These fucking globalist are either brilliant (unlikely) or terrified (likely).

T.B.T.F untill it does.

ivana's picture

Just a bankster utilities PR , spins and delaying - food for corrupted MSM.
Like S&P and Moodys are independant and other crap bs. Moodys will announce it few weeks/months later depending on developments on banster empire periphery.
Of course, periphery must always look much uglier than (corrupted) core

MarketFox's picture


Why is Moodys or SP still around ....


Most of the principals should have already been put in jail....

Oh....justice in the US is just for the small fry....


The big too big to jail top job suppliers are A OK....


America....the home of the Ivy League connected....


Police policing the police.....





Spastica Rex's picture

Not until all the boots come home.

joetunn's picture

"Moody's Maintain Top US Rating, Outlook Positive."


outlook positive.......?

uno's picture

that's what I thought, upgrade to AAAA++++, Bagdad Bob press release

Dick Darlington's picture

Maybe Moody's gained an access to the discount window and are high on the cheap fiat provided by the chair creature. Who knows, these are strange times... =D