Double Tap For Octogenarian Of Omaha: Wells Downgraded From A1 To A2

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 09/21/2011 - 12:58 | 1693005 Dr. Engali
Dr. Engali's picture

Come on do something bold. Be honest and downgrade them to junk. Doesn't Warren own Moody's ?

Wed, 09/21/2011 - 13:03 | 1693046 BrocilyBeef
BrocilyBeef's picture

Slooooow progress.

Wed, 09/21/2011 - 13:07 | 1693071 Landrew
Landrew's picture

Yes, Mr Potter owns Moody's

Wed, 09/21/2011 - 13:09 | 1693085 Clorox Cowboy
Clorox Cowboy's picture

Keep in mind that Grandpa Warren has the magical ability to grant Quadruple A ratings all by himself!  These "official" downgrades are merely a transitory annoyance for the Oracle.

Wed, 09/21/2011 - 12:57 | 1693007 Belarus
Belarus's picture

The worms are all turning on one another. The rush to gold and silver is on.

Wed, 09/21/2011 - 13:06 | 1693060 BrocilyBeef
BrocilyBeef's picture

not yet. I think we haven't seen "the rush."

Tickets to this play have a different plot for each seat.

Plenty of people are still watching "The Stage" for the show...

Wed, 09/21/2011 - 12:57 | 1693008 Robslob
Robslob's picture

The double tap...priceless.

www.youtube.com/watch?v=H5JDNCeDuQw

The market continues to levitate waiting on 1 man!

Wed, 09/21/2011 - 12:58 | 1693010 Ahmeexnal
Ahmeexnal's picture

Buffet is a moron.

His head will soon fall into a basket.

Wed, 09/21/2011 - 12:58 | 1693013 Don Birnam
Don Birnam's picture

As Raymond Chandler would say,

"Two in the hat."

Wed, 09/21/2011 - 13:31 | 1693247 WonderDawg
WonderDawg's picture

A fellow Raymond Chandler fan. I admire your taste in literature, sir.

Wed, 09/21/2011 - 12:59 | 1693019 nyse
nyse's picture

Double Tap?

One in the pink, two in the stink?

Wed, 09/21/2011 - 12:59 | 1693020 buzzsaw99
buzzsaw99's picture

Tackled by our own man!

Wed, 09/21/2011 - 12:59 | 1693021 digalert
digalert's picture

Relax Warren, you've got a tax in your name...

BUFFETT TAX!

Wed, 09/21/2011 - 12:59 | 1693025 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

BWAHAHAHA

Wed, 09/21/2011 - 13:00 | 1693028 Xibalba
Xibalba's picture

Old relic....should be put down already. 

Wed, 09/21/2011 - 13:00 | 1693029 lieutenantjohnchard
lieutenantjohnchard's picture

here's to wishing that moody's and s&p are to banks what the gold pool and the current bullion banks are to gold and silver. may the banks enjoy the fish line drop.

Wed, 09/21/2011 - 13:01 | 1693033 jesus_quintana
jesus_quintana's picture

Buffett tells Obama how to tax the country and all he gets is this lousy shirt that says "I got double penetrated by Moody's on Central Planning day"

I hope they didn't waste any lube on the old bastard.

Wed, 09/21/2011 - 13:18 | 1693146 Moe Howard
Moe Howard's picture

I think they are going for the trifecta, making him waterproof.

Wed, 09/21/2011 - 13:01 | 1693036 fyrebird
fyrebird's picture

Maybe Moody's has it in for Warren on account of him dumping their stock from his holdings. It's as bad as dumping a woman, I swear.

Repeat after me: Hell hath no fury like a ratings agency.

Wed, 09/21/2011 - 13:02 | 1693040 SheepDog-One
SheepDog-One's picture

OH snap, the geezer takes one right up the kornhole!!

Fri, 09/30/2011 - 12:49 | 1726304 Freddie
Freddie's picture

The evil old con man needs to have Nebraska korn kobs shoved up his rectal orifice.

Wed, 09/21/2011 - 13:02 | 1693042 Gubbmint Cheese
Gubbmint Cheese's picture

the old DP.. priceless. Thx TD

Wed, 09/21/2011 - 13:03 | 1693044 junkyardjack
junkyardjack's picture

Makes me wonder what Obama and Buffett were talking about on the phone a few weeks ago before the BAC investment.  The Fed FTW!

Wed, 09/21/2011 - 13:13 | 1693110 Temporalist
Temporalist's picture

Choice of lubes?

Wed, 09/21/2011 - 13:03 | 1693047 Sqworl
Sqworl's picture

LMAO..double penetration...priceless

Wed, 09/21/2011 - 13:38 | 1693291 pods
pods's picture

I wonder if Warren auditioned for that Ned Beatty part a long time ago?

Could see his old ass scrambling up a hill in his tighty whities.

"He gotta a real pretty mouth ain't he?"

pods

Wed, 09/21/2011 - 14:19 | 1693497 TheFourthStooge-ing
TheFourthStooge-ing's picture

Squeal like a PIIG, gramps!

 

Wed, 09/21/2011 - 13:04 | 1693050 ZeroPoint
ZeroPoint's picture

Was it really a double penetration or was it a dirty ass-to-mouth for old Warren?

Wed, 09/21/2011 - 14:21 | 1693504 TheFourthStooge-ing
TheFourthStooge-ing's picture

Was it really a double penetration or was it a dirty ass-to-mouth for old Warren?

A2M2M: ass to mouth to Munger

 

Wed, 09/21/2011 - 13:04 | 1693052 LasVegasDave
LasVegasDave's picture

theres gonna be blood in that bathwater

Wed, 09/21/2011 - 13:06 | 1693065 BrocilyBeef
BrocilyBeef's picture

and lots of pee.

Wed, 09/21/2011 - 13:12 | 1693106 Temporalist
Temporalist's picture

And dying old-man skin and.

Wed, 09/21/2011 - 13:04 | 1693054 Jumbotron
Jumbotron's picture

"I got double penetrated by Moody's on Central Planning day"

First I did a spit take of my coffee when I read that it was so funny.

Then I imagined how that would look and lost my lunch.

Thanks Tyler....that's the way for me to give up caffeine and lose weight at the same time.

Wed, 09/21/2011 - 13:07 | 1693070 BrocilyBeef
BrocilyBeef's picture

life is good! It's nice to see around the bullshit.

Wed, 09/21/2011 - 13:05 | 1693056 lolmao500
lolmao500's picture

Have a heart attack Buffet!! You won't be missed!

Wed, 09/21/2011 - 13:05 | 1693057 Dr. Engali
Dr. Engali's picture

Hey I just realized something. Five days ago was my one year anniversary at the hedge. No flowers no kiss my ass... nothing. Tyler I'm concerned that we are starting to drift. :)

Wed, 09/21/2011 - 13:05 | 1693058 IQ 145
IQ 145's picture

The market reaction for WFC lasted about 4 minutes; it's now high on the day; good bargain available on BAC at $6.52.

Wed, 09/21/2011 - 13:11 | 1693100 Landrew
Landrew's picture

A better bargin at .99 ha! I played C all the way down and picked up 5k at .99 this to will pass!

Wed, 09/21/2011 - 13:06 | 1693061 CrimsonAvenger
CrimsonAvenger's picture

Is it odd that they're announcing these just minutes before the Fed announcement? Trying to bury them in larger news?

Wed, 09/21/2011 - 13:08 | 1693079 NotApplicable
NotApplicable's picture

Manufacturing consent via TINA.

Wed, 09/21/2011 - 13:09 | 1693088 Temporalist
Temporalist's picture

Perhaps it is that they are in the news so they can be used as an excuse to bailout more failures and do Bernankes favorite pastime...printing.

Wed, 09/21/2011 - 13:07 | 1693068 NotApplicable
NotApplicable's picture

So, in reality, the ratings for the banks didn't fall, but faith in the "political will" to support them did.

Sounds like a setup for a political mandate to me. How many more minutes before Bennie takes the stage?

Wed, 09/21/2011 - 13:07 | 1693069 Temporalist
Temporalist's picture

I guess as investors one can side with Buffett and choose not to bury a metal in the ground and instead invest in fraudulent govt. backed banks that rob taxpayers and customers.

Wed, 09/21/2011 - 13:08 | 1693076 Storch
Storch's picture

What happens to the rules of space and time if Moody's downgrades itself?  

Wed, 09/21/2011 - 13:08 | 1693080 LeonardoFibonacci
LeonardoFibonacci's picture

Luv the DOUBLE PENETRATION

Wed, 09/21/2011 - 13:09 | 1693086 LeonardoFibonacci
LeonardoFibonacci's picture

Hey Tyler keep them coming superb stuff! 

Wed, 09/21/2011 - 13:09 | 1693087 equity_momo
equity_momo's picture

Bad news comes in 3s. Still one more to go.next downgrade will be Berkshire itself.

And then it'll be more of a "2 to the chest and 1 to the head"

Wed, 09/21/2011 - 13:10 | 1693095 Quinvarius
Quinvarius's picture

Dude, that is the funniest first sentence of anything I have read in a long time.

Wed, 09/21/2011 - 13:13 | 1693111 Texas Ginslinger
Texas Ginslinger's picture

Buffet owns 13% of Moodys, and 2.8% of Wells Fargo.

With this downgrade of WF should come a drop in stock price.

Hey, Warren, BTFD...

Wed, 09/21/2011 - 13:21 | 1693180 pelican
pelican's picture

The stock market has gone up since this announcement. Interesting behavior to watch people run into a burning building when they are not firemen.

Do NOT follow this link or you will be banned from the site!