To: SeekAndFind
Not possible. I have it on good authority the private sector is doing fine.
To: SeekAndFind
This has also happened Unexpectedly™....not.
6 posted on
06/21/2012 1:42:12 PM PDT by
Jane Long
(Soli Deo Gloria!)
To: SeekAndFind
Moody's Ratings is set to downgrade the world's largest banks at 4 p.m....Executive bonuses to be distributed at 4:15 p.m....
7 posted on
06/21/2012 1:43:05 PM PDT by
randog
(Tap into America!)
To: SeekAndFind
Were whispers about this the reason the market cratered today?
9 posted on
06/21/2012 1:46:04 PM PDT by
FrogMom
(There is no such thing as an honest democrat!)
To: SeekAndFind
If Morgan Stanley finds itself with a three notch downgrade, it will be staring right in the face of a required $10 billion margin call. That’s 1/3 of their market cap. I love the smell of annihilation in the afternoon.
10 posted on
06/21/2012 1:46:23 PM PDT by
RobertClark
(Be prepared, be polite, be professional and have a plan to kill everyone you meet.)
To: SeekAndFind
From what I hear, JPM has derivative exposure in the trillions!!!
11 posted on
06/21/2012 1:49:18 PM PDT by
djf
("There are more old drunkards than old doctors." - Benjamin Franklin)
To: SeekAndFind
12 posted on
06/21/2012 1:49:53 PM PDT by
arrogantsob
(Obama must Go.)
To: SeekAndFind
14 posted on
06/21/2012 1:53:00 PM PDT by
rawhide
To: SeekAndFind
The last time this happened the DJIA went up 490 points the next day.
17 posted on
06/21/2012 1:55:54 PM PDT by
DuncanWaring
(The Lord uses the good ones; the bad ones use the Lord.)
To: SeekAndFind
Well, it is 5 PM EDT, and there is no sign of these downgrades......yet.
To: SeekAndFind
Doesn’t seem to affect Wells Fargo. REIT’s took a hit.
24 posted on
06/21/2012 2:05:38 PM PDT by
AppyPappy
(If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
To: SeekAndFind
We’ve been throwing away millions, and billions, and trillions for so long.... “They” have us ordinaries thinking there is a bottomless pit of millions, and billions, and trillions, somewhere!
MAYBE, if we could actually see SOMEBODY actually crash and burn, we ordinaries could get perspective on what’s happening, some real life connection or sense of actual worth of these vast amounts of dollars.
None of us could play these games with a few thousand dollars, and not be in jail.
To: SeekAndFind
Yeah, now Moody's does this. Where were they in early 2008 when the exact same conclusions could have been drawn?
29 posted on
06/21/2012 2:17:43 PM PDT by
Mr. Jeeves
(CTRL-GALT-DELETE)
To: SeekAndFind
Morgan Stanley cut two notches.
Bank of America down one notch.
Citigroup cut two notches
Goldman Sachs down two notches
31 posted on
06/21/2012 2:26:39 PM PDT by
exit82
To: SeekAndFind
32 posted on
06/21/2012 2:27:09 PM PDT by
CodeToad
(Homosexuals are homophobes. They insist on being called 'gay' instead.)
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