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Another crack in the dam, it seems.
Or a crack in the damned?
Or cracking down on the damned.
Or, just the damned cracking up.
Or a snap, crackle, pop. The economy krispies
speaking of dams
Speaking of Beaver Dams
Damn, that cracked me up. Now let's all cram the deck
Naw, the damned will just keep doing crack. We've still got two rating agencies to bribe!
Uncle Warren can put a stop to crack with some home spun transparency...
Would you really want to view that decrepit, wrinkled ol' crack. It would make the entire industry put down the pipe and go to rehab...
Worked for Amy W... isn't she still in leaky tit job rehab?
Any chance of Moody's downgrading itself in a timely manner??
Beautiful. I'm short Moody's.
"Go Now", The Moody Blues
Not entirely right. We are not still in love with them.
How bout this:
Gold Dust Woman, Fleetwood Mac:
that was what I considered music before I gave up on wordy 3-5 minute songs completely.
Them and CSN.
Ah, but what of Young? Does he not make your grade?
Nope MsC, there is something about the three part harmony that a fourth cannot fit into.
Trines and octaves, betwixt them lie all laws of creation and harmony.
Add a fourth or a ninth and its harm-only!
That was the Moody Blues? What happened to them between then and toward the later stages of their career?
Grandma: they looked like such nice boys.
From clean cut to sex, drugs, and rock & roll!
I am thinking this is more than "a teachable moment" thing. I am thinking uncle Warren knew about this and dumped his holdings.
Warren totally had the inside track on this. A shame he's not worthy of his hero status, but that's been known for some time.
This means one of the following:
I don't see a third option...
What you takin' bout Willis?
MoFo is still a hero!
Likes to make money the old fashioned way, and that is, 'anyway he can'.
You don't get rich dreaming about sunshine, lollipops, and rainbows.
It takes scheming, conniving, luck, and a little insider information.
Such a shame it's a crapshoot without insider info.
Wall Street Motto:
"Profit is other people's ignorance".
Pity that Buffett doesn't come under more scrutiny in his dealings.
Bullish. Can't downgrade debt if there's no rating agency.
"Cease and Desist" from downgrading shit European debt and junk bonds. Fall in line with "hope" strategy.
Oh Fuck! I suspect you have something there.
That was my first thought.
The system is doomed when there is this much cynicism on the streets. The real economy goes Greek (underground and off the books) when there is this much cynicism on the streets.
We have an open post seeking our new Chief Economist. Give us a call
Federal Reserve Bank Chairman
Ben Shalom Bernanke
My first thought too.
I wouldn't put it past the SEC to be gunning for taking over the duties of the rating agencies. We'll probably see some arguments surfacing soon, that private industry has no right to give credit ratings.
Would that also expand their power to watch porn? Taking bribes can pay for some serious porn subscription action.
I know the porn jokes are getting old, but hey...they heaped this on themselves.
That's basically what getting and keeping power is all about: unlimited porn.
Interesting. they should have filed an 8-K when they got the notice as this is a material development. More interesting is the question of what the notice is about. It looks like not everyone at the SEC has been surfing porn LOL.
Now the SEC can hire GS to rate all the sovereign debt. Let's face it GS is as objective as Moody's.
Moody's came up a little short on last months payment to the SEC.
Morrie: Henry, you're a good kid, I've been good to you, you've been good to me. But there's something really unreasonable going on here. Jimmy's being an unconsionable ball-breaker. I never agreed to 3 points on top of the vig! Am I something special? Some sort of schmuck on wheels? Henry Hill: Morrie, please! You borrowed Jimmy's money, pay him. Morrie: I never agreed to 3 points on top of the vig! What am I, fuckin nuts? Come on! Henry Hill: Are you gonna argue with Jimmy Conway? Just give him his money so we can get the fuck outta here! Morrie: Hey! Fuck 'em! Fuck 'em in the ear! What are you talking about? Fuck 'em in the other ear, that son of a bitch! Did I ever bust his balls? Did I? Did I? I could've jumped the dime a million times, and I wouldn't have to pay tip! Henry Hill: Come on, Morrie, you're talking crazy, stop it! Jimmy Conway: [Grabs telephone cord and chokes Morrie with it, then his wig falls off and Henry starts laughing] You got money for that fuckin commercial. Fuckin' commercial, you don't got my money, you don't got my fuckin money, huh?
Alas, I long for the bye gone days of good 'ol fashioned racketeering....It was loaded with humor.
I really wish Benji wore a toupée...
It's now clear to anyone with a brain that Uncle Warren is one of the banksters.
That has been clear for a while. Mr. Ethics, Mr. "anti-Wall Street," Mr. Middle America. Pathetic pile of merde.
"Paging Dr. Buffett.... paging Dr. Buffettt.... Patient is critical... Need some positive comments in the media ASAP"
He's busy killing and poisoning kids in the 3rd world with Mr. Gates.
Actually they're "just" making them sterile with their vaccines. But they know what's best for the world.
Lovely Put volume for May and June.
Ah, such a shame. Hard to tell if they're being punished for years of shitty puffed up ratings or the current occasional truthful rating. Couldn't happen to a nicer bunch of people with a moral compass that always points at the easy money.
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