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Standard & Poor's faces investigation
over 'possible insider trading'
over downgrade of U.S. debt
Daily Mail ^
| 8/12/11
| Laurie Whitwell
Posted on 08/12/2011 7:21:28 PM PDT by Nachum
A shock investigation of possible insider trading at Standard & Poor's has reportedly begun, with the country still reeling from the rating agency's historic downgrade of U.S. debt. Authorities want to know who had prior knowledge of the decision, which sparked a wild week of trading on Wall Street that saw breathtaking losses and rapid rises. The Securities and Exchange Commission, which has oversight of credit rating firms, has started asking preliminary questions, the Financial Times reported. However, the regulator is not aware of a leak from an S&P insider,
(Excerpt) Read more at dailymail.co.uk ...
TOPICS: News/Current Events
KEYWORDS: faces; investigation; poors; standard
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1
posted on
08/12/2011 7:21:38 PM PDT
by
Nachum
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
2
posted on
08/12/2011 7:22:35 PM PDT
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: Nachum
Obama thugs spin machine in full gear.
To: Nachum
Lesson here don’t F with Obama
4
posted on
08/12/2011 7:23:59 PM PDT
by
al baby
(Hi Mom!!! I know i was kidding)
To: Nachum
Payback. The Regime is not happy.
5
posted on
08/12/2011 7:24:11 PM PDT
by
floozy22
(The Palin Brand 2012: For Such A Time As This)
To: Nachum
"Authorities want to know who had prior knowledge of the decision..." Ummm....that would be, like, everybody?
6
posted on
08/12/2011 7:25:25 PM PDT
by
Joe 6-pack
(Que me amat, amet et canem meum)
To: Nachum
Wonder how many will have to consult with their Bishop about this lapse in judgment??????
... comment brought to you by the Council of Twelve in SLC....
7
posted on
08/12/2011 7:26:13 PM PDT
by
pointsal
To: Nachum
Why am I not surprised? *sigh*
8
posted on
08/12/2011 7:27:02 PM PDT
by
kimmie7
(I do not think BO is the antichrist, but he may very well be 665.)
The FReepathon Is 43 Days Old
If We Don't Meet Our Budget This Is Your Booby Prize
Click The Pic To Donate
9
posted on
08/12/2011 7:27:06 PM PDT
by
DJ MacWoW
(America! The wolves are here! What will you do?)
To: Nachum
Punish the messenger. Obama has been doing that since at least Joe the Plumber.
10
posted on
08/12/2011 7:27:30 PM PDT
by
GeronL
(The Right to Life came before the Right to Happiness)
11
posted on
08/12/2011 7:27:54 PM PDT
by
devolve
(. . . . . . . . . . . . Can*t I just eat my cheeseburger? ...Where are my fries? . . . . . . . . .)
To: Nachum
To: Nachum
Authorities want to know who had prior knowledge of the decision . . .Timothy Geithner
Barack Obama
Ben Bernanke
Harry Reid
13
posted on
08/12/2011 7:31:51 PM PDT
by
Hoodat
(Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
To: Nachum
George Soros makes billions on the S&P downgrade, Obama claims insider trading and has everyone looking for insider trading, Soros finances the Democrats and Obama, and Obama looks like he's doing something while he's reaping the fruits of Soros’ manipulation.
To: Nachum
Wha’d’ya know; narcissists are vindictive.
Imagine that.
15
posted on
08/12/2011 7:32:55 PM PDT
by
FourPeas
("Maladjusted and wigging out is no way to go through life, son." -hg)
To: Nachum
Don’t mess with Adolph.
How many times was this moron warned this was coming. It’s Obamas economy no matter what he does.
16
posted on
08/12/2011 7:33:31 PM PDT
by
mardi59
To: Nachum
S&P dared to challenge the “one”. They will be investigated and harassed by Obambi’s leftwing media until something - anything is discovered.
Thou Shalt NOT Cross Obambi!
17
posted on
08/12/2011 7:36:02 PM PDT
by
meyer
(We will not sit down and shut up.)
To: Nachum
18
posted on
08/12/2011 7:40:17 PM PDT
by
mnehring
To: Nachum
S&P has decades of managing such information flows. That's not where the leak took place.
Someone on Obama's or Timmy's team did the leaking. The S&P witchhunt is a headfake.
To: mnehring
S&P should immediately start a PR war and leak a ton of different things that implicate the administration in criminal and/or unethical behavior. Leak multiple charges of conflict of interest and collusion. This will trigger a panic response, because you know just by observing the general disgusting behavior of those involved in this administration that some of what is purported will be true. At the same time S&P should begin now to pursue any and every possible legal grievance. I believe in honesty and integrity, but I also think that it is a tragic miscarriage of justice when government misuses the muscle that it has been given by the people and tries to destroy the reputations and lives of its own citizens.
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