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

Tyler Durden's picture

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Dr. Engali's picture

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

Landrew's picture

Yes, Mr Potter owns Moody's

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.

Belarus's picture

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

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...

Robslob's picture

The double tap...priceless.

www.youtube.com/watch?v=H5JDNCeDuQw

The market continues to levitate waiting on 1 man!

Ahmeexnal's picture

Buffet is a moron.

His head will soon fall into a basket.

Don Birnam's picture

As Raymond Chandler would say,

"Two in the hat."

WonderDawg's picture

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

nyse's picture

Double Tap?

One in the pink, two in the stink?

buzzsaw99's picture

Tackled by our own man!

digalert's picture

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

BUFFETT TAX!

Xibalba's picture

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

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.

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.

Moe Howard's picture

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

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.

SheepDog-One's picture

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

Freddie's picture

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

Gubbmint Cheese's picture

the old DP.. priceless. Thx TD

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!

Sqworl's picture

LMAO..double penetration...priceless

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

TheFourthStooge-ing's picture

Squeal like a PIIG, gramps!

 

ZeroPoint's picture

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

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

 

LasVegasDave's picture

theres gonna be blood in that bathwater

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.

BrocilyBeef's picture

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

lolmao500's picture

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

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. :)

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.

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!

CrimsonAvenger's picture

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

NotApplicable's picture

Manufacturing consent via TINA.

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.

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?

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.

Storch's picture

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

LeonardoFibonacci's picture

Luv the DOUBLE PENETRATION

LeonardoFibonacci's picture

Hey Tyler keep them coming superb stuff! 

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"

Quinvarius's picture

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

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...

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.