S&P Puts News Corp On CreditWatch Negative; Will News Corp Buy McGraw Hill Next?

Tyler Durden's picture

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Careless Whisper's picture

that was a no brainer considering they are being investigated for criminal activity.

Zero Govt's picture

yes another "no brainer" is after 14 years of the rape of Britian by the Marxists (Labour Party) their cooked books revealed the debt was £4 trillion not £900 billion ... S&P, Fitch and Moodys didn't budge an inch and still have AAA ratings of Britains unpayable in 100 years national debt

it's not like the ratings agents are crones of the establishment, the insolvent establishment

Dr. Engali's picture

Won't see this on Fox Business report.

KeyserSoze's picture

Glenn Beck probably has a report on this on standby, gonna tell everyone how Communists have brought down a hallowed defender of capitalism and liberty Rupert Murdoch. And he'll go on to state how it all goes to show why we need a new war.

Fucking asswipe.

cougar_w's picture

You know,  big dumb guy, used to play country music.

Had his own TV variety show. As I recall it sucketh.

Globalist Slayer's picture

Do the ratings agencies ever downgrade each other?

cougar_w's picture

Yeah, what the actual fuck was that supposed to be about? Do these guys get together at holiday mixers and come up with these crazy pranks? "Wait dudes listen to this! How about we down grade each others asses? That would totally rawk."

augie's picture

I dont think they call them "mixers" i think they call them "fancy dress parties." I never get invited to those sorts of things anyhow. 

Smiley's picture

Aren't those the same charlatans that said suprime mortgage derivatives were AAA+ ?

spanish inquisition's picture

I was thinking about shareholder lawsuits against the "independent" board members for lack of oversight and the loss of a few billion. I am guessing the whistleblower "death for no particular reason" will make people think twice before going down that road.

Edit: Did manage to find something  http://www.ft.com/intl/cms/s/0/781a0694-ac94-11e0-bac9-00144feabdc0.html?ftcamp=rss#axzz1SVDTWwQC

FunkyMonkeyBoy's picture

... and the DOW pops up another 40 points in the after hours/futures.

papaswamp's picture

Next weeks headlines...S&P execs found dead of unknown causes.

Zero Govt's picture

Next weeks headline (long one this): The successive Governing Parties of Labour, Lib-Dems and Tory have all blocked the NewsCorp bid for BSkyB. In a democracy this is 'strange' that all 3 Parties should have the exact same policy but not if you look at all top 20 policies on all ranges of subjects where they are all remarkably identical (socialist) ..namely they look like an 'establishment' of a '1 Party State' just with different colour rosettes pinned on the moronic peanut brained puppets that pass lamely as public representatives in one of the most corrupt, rotten and bankrupt countries in the world 

Long headline that! I think The Sun newspaper would just say, "Commie Command Nobbles Free Press"

Meanwhile the State and EU/EC funded BBC continues their destruction of a Free Press buying up local newspapers and radio stations with taxpayers money

if people don't wake up to the corrupt rot spreading like cancer then you lot deserve a George Orwell book to identify yourself as the sleeping shoulder shrugging zombies oblivious to all about them. Wakey Wakey Sheeple

TheBadgersSett's picture

 - not suspicious' say police.

cougar_w's picture

Bad S&P. No holiday basket 4 you.

virgilcaine's picture

Rebekkah's wild hair do alone is worthy of a downgrade.. yikes.

http://uk.reuters.com/resources/r/?m=02&d=20110715&t=2&i=459404129&w=460...

 

cougar_w's picture

No no all the Valkyries wear their hair that way.

Rainman's picture

...ukulele in hand she is Tiny Tim.

spanish inquisition's picture

Very nice. The best I could come up with is Ron Pearlman as the Beast http://en.wikipedia.org/wiki/Beauty_and_the_Beast_(TV_series)

virgilcaine's picture

Rebekkah's wild hair do alone is worthy of a downgrade.. yikes.

slewie the pi-rat's picture

paging enry iggins:  enry iggins to the white courtesy phone.  ta.

disabledvet's picture

Tip of the iceberg. Media does not nearly have the power in the GB as it does here what with only one TV station over there. The numbers seem large: thousands. That's downright conservative compared to ye olde USA. We do millions here-with the body count no less since "once you have the juice it's never enough." no one ever asked "why the radio issues after 9/11?" now we know don't we. Cops and firemen...and the media? Insane.

kennard's picture

S&P is in no position to downgrade anyone for "reputation" after its corrupt granting of AAA ratings to junk real estate securities pre-2008.

Today, they are doing someone's bidding to get to Murdoch.

Zero Govt's picture

another vigilant person... there seem so few amoung the dreary sheeple here at ZH that have swallowed this political-media stitch-up job and even more obviously rank, rotten and orchestrated than the farcically obvious one carried out (and botched) on Strauss-Khan 

keep swallowing whole the goon garbage without filtration ZH'ers, you're too dozy to spot the set-ups or the big picture of where this is leading... you're the same sheeple population that allowed Hitler, Mao and Stalin to eliminate by hate and spin their independent competition and then turn on you and abroad ...you have afterall got 3 wars, 5 soon, but you would have stopped Hitler when he invaded Poland right?

Dream on, sleep on, your as dumb and blind as Germanys population, Maos and Stalins  

TheBadgersSett's picture

+1 As pleasureable as it has been to watch News International getting reamed from all sides, whatever monstrous entity is pulling the strings and what it's ultimate motives might be is a little scary to contemplate.

StychoKiller's picture

Aww, couldn't happen to a finer bunch of media pukes!