Moody's downgraded Moody's Investment Services today, in response to Moody's receipt of a Wells notice from the S.E.C. which threatens to revoke its NRSRO status.
God I wish this were true. Who knows?... stranger things have happened.
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About Me
- Matthew Talty Colvard
- Bedford-Stuyvesant, New York
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Time Capsule 11/19/08
- * "Quantitative Easing Target Plane" 1-3 month T-Bills to zero
- * VIX: S&P 500 will move 25.9% up or down w/in 30 days
- * 2-year TIPS breakeven: -0.38%
- * TED Spread: 211 bps
- * 30-year swap: 33 bps below T-Bond
- * Baltic Dry Shipping Index: down -92.6%
- * Mei Moses Art Index: down -21.4%
- * Liv-Ex Wine Index: down -7.4%
- * "Ebay-Whip Inflation Now (WIN!)" Indicator: 100% unconcerned
- * 2:1 odds Charlie Rangel demoted
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