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So the White House made a phone call to the SEC and said 'Take a break from your gay midget porn for a minute and put a muzzle on S&P'.
Oh.., and Mary..., also make sure to have more donuts delivered, would you Dear? Thanks Hun.
The SEC's exhaustive investigation determined that some unspecified agencies did some unspecified things wrong. They're not going to tell anyone what happened or who did it, but they expect the agencies to try harder next time, or else they may have to release another report that gives no details or actual information. And of course, the taxpayers get to foot the bill.
They should stick to surfing porn.
Yep. You are either with us, or against us....
Wrong. You are either with us, or suicided.
And WHO could have this info been leaked to? :) Mr Beck, please pick up the red phone:))))))))))))))))))))
small named co-conspirators and large un-named ones too. ;)
c) All of them.
these "companies" were the keystonez to selling the RE financing frauds to the "innocents abroad" and now we see that they "may" be involved in leaking info of "sensitivity" >>> the "market" to >>> "insiders"?
But but but....How can it be wrong to leak inside information to insiders who by definition were already as insiders privy to the inside information?
See, there cannot be a conviction of anybody within the circle when defined as a tautology.Brilliant.Fucking Brilliant.
don't ask, don't tell?
Must Punish Anyone Who Downgrades America's Superbonds! Keep buying the 30 year under 3%! All is well!
Bullish for Market.
time for S&P to pay for its insolence....I bet you their whole board of directors gets audited by the IRS
First comes Fraud
then comes Force
And then we get to the great anal sex!S'all Greek to me.
Spank & Prank Bitchez!
They will soon try to have a common 'MA+++' rating on all banks....
(MA= move along)
They have some pretty skilled 1 handed typists at SEC.
Leaks at the credit agencies? At least our economic data and Fed announcements aren't leaked, that would reduce market confidence.
Nooo!. I cannot believe this. Tyler, you have gone to far. This is America, the land of the free, the brave, the insolvent.
"Now who could it be?"
rhymes with slandered and whores
Everything is leaked within the coachroach hotel community. Like this is news to anyone. Everyday, the whole thing is massaged and manipulated on leaking inter connected information only privy to the rulers of the world. Seriously. Goldman and JP Morgan and HSBC are loading up on physical metals right now: I know, it's been leaked. They indeed steal by inflation then by deflation then by printing.
This whole deflationary patch is so predicatable without QE. And you wanna bet Goldman knows when and how Ben's gonna do the next move, along with JP Morgan, as they furiously stock up on silver before the next QE?
Thiis whole thing in unfolding to the script.
Who could it be...
(Arnold Horshack, sitting at desk with hand fully extended up) Oh! Oh! Oh! Oh! Oh! Oh!
Next crazy thing you'll be telling me is that reuters, the ft, wsj, cnbc, barron's, motley fool, cramer and bloomberg are in on the act, too.
That's just crazy talk.
Wait until Germany gets downgraded for backing this crummy bailout deal part Inifinity -- then you will probably see stooge type rating agencies pop-up that will rubber stamp all Govt debt AAA+++ that was just downgraded by the old guard agencies.
The date and time of that headline has been scripted ahead of time and is well known to the usual suspects.
Will be used to make billions. Rinse, wash, repeat.
The SEC will not name the agency responsible for leaking rating information out of "fairness"? Fairness to whom? Those guilty of felonies? Right, we must be fair to felons. After all, isn't this the National Be Fair To Banking Felons Decade? After all, they run these big banks and if we upset them they might charge us for accessing our money we lend them at zero interest. Oh? They already do? Never mind.
The good news is the SEC only found twenty two pages of "supervisory failure and conflicts of interest". Heck, that much happens at pretty much every Wall Street firm every hour of every working day.
No one would find this believable if it was written in a cheap dime store novel...only in our fantazy land where the most ludicrous reality is made up on the spot by the "winners" and communicated by the "talking heads" to a mindless people could this occur.
Still, you gotta believe the authors of "reality" get a pretty good laugh when they come up with some of this stuff...I feel like we're living the real world equivelant of "Giligans Island" and the "writers" are having a good laugh at our expense!
Well surprise, surprise: credit raters charged with "leaks and conflicts of interest". Companies whose sole job is to provide independent analysis and accurate assessment of financial health cannot be trusted or relied on but can be bought and sold if the money is right. They failed miserably yet they are still in business and no one has been heavily fined or sent to prison. Don't you just love this country (if you're a powerful and wealthy crook)?!
Financial criminal amnesty marches on ! Now let's move on to wrist slaps for the Big 4 accounting firms.
And if we don't run out of time, maybe we'll get to the banks.
It was probably leaked to Congress, it'll be another year where their portfolio vastly outstrips the market. Smartest guys in the room
Nothing to see here. Move along now sheeple....
Moody's: Hello, sir! Yes, we're sorry to disturb you during bathtime, but we thought you might like to know...
I honestly don't know whether to laugh or cry, or just go have another glass of indifferent sherry.
My wife is indifferent, too.
The report on the leaks was leaked to the leakee by the SEC who is now doing the CYA with the FBI. BYOB.
And the world was saved from itself!
Unicorns will be shitting skittles again but beyond here there be monsters.
Could it be the Church Lady?
Shocked, shocked etc. Part 987,650
Considering the administration argued for days about the downgrade, I find the report self serving.
Like the SEC isn't involved in shenanigans.
I call this report "deflection".
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