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Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!

 
Nickadeemus
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12/15/2011 04:47 PM
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Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
This just in!!! 8 Global Banks Down-Graded By Fitch including Bank of America, Morgan Stanley, UBS, DUTCHEBANK, and SocGen.

[link to www.zerohedge.com]

uh oh...

Nick®
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Last Edited by Nickadeemus on 12/15/2011 05:09 PM
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Free Planet
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12/15/2011 04:56 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
the big question is, "Where were these credit rating agencies in 2008, when all the above players were trading their Hedge Fund junk status garbage mortgage deals as AAA?"

Some self-regulating agency this is/was.
Nickadeemus (OP)

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12/15/2011 04:58 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
the big question is, "Where were these credit rating agencies in 2008, when all the above players were trading their Hedge Fund junk status garbage mortgage deals as AAA?"

Some self-regulating agency this is/was.
 Quoting: Free Planet 5353202



Head in thier asses for sure.

Nick®
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Nickadeemus (OP)

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12/15/2011 05:15 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
tyre

and F-U one star bandit.
bushfing

Nick®
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Anonymous Coward
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12/15/2011 05:16 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
more proof Ameritard's in trouble.
Revbo™
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12/15/2011 05:17 PM

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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
You're all over it today, dude. I love the smell of big bank doom in the afternoon.

Now, if you'll excuse me, I have to go try to sell a mortgage to someone for a big bank. I hope Wells is still in business when I try to sell this loan to them a month from now.

Last Edited by Revbo™ on 12/15/2011 05:18 PM
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
Revbo™
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12/15/2011 05:20 PM

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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Merry karma pin, buddy.

dasbier
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
Nickadeemus (OP)

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12/15/2011 05:20 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
You're all over it today, dude. I love the smell of big bank doom in the afternoon.

Now, if you'll excuse me, I have to go try to sell a mortgage to someone for a big bank. I hope Wells is still in business when I try to sell this loan to them a month from now.
 Quoting: Revbo™



laugh
Thanks REV. You're the man. Good luck.

Nick®
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Anonymous Coward
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12/15/2011 05:26 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Why does nobody ask where all the god damn Trillions are going? Did money just evaporate. Something stinks so bad about this 'recession' its not even funny.

I bet they are building something massively secret.
Nickadeemus (OP)

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12/15/2011 05:30 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Why does nobody ask where all the god damn Trillions are going? Did money just evaporate. Something stinks so bad about this 'recession' its not even funny.

I bet they are building something massively secret.
 Quoting: Anonymous Coward 7161355



Ahhh. Now you're getting warm. Nice catch. When you want to know what, let me know.

Nick®
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Hmmmm
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12/15/2011 05:34 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Why does nobody ask where all the god damn Trillions are going? Did money just evaporate. Something stinks so bad about this 'recession' its not even funny.

I bet they are building something massively secret.
 Quoting: Anonymous Coward 7161355



Ahhh. Now you're getting warm. Nice catch. When you want to know what, let me know.

Nick®
:supchuck:
 Quoting: Nickadeemus


well if he won't ask, I surely will. Please let me know where the trillions are going and what massive secret are they hiding/building, pray tell?
Nickadeemus (OP)

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12/15/2011 05:36 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Merry karma pin, buddy.

dasbier
 Quoting: Revbo™



That was very cool of you brother. The favor will be returned in the cordial maner in which it was insued.

Nick®
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12/15/2011 05:37 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Fitch eh? ARREST them for Terrorism

They have destroy many countries, Millions Jobs and families

and they are on the way to destroy the whole world financialy first and next with a WWIII

a destruction witch no terrorist could even dreamed

they are the bigger terrorists worldwide and the sheeps
just looking at them like zombies, destroy the world behind
their monitors and the innosent name *markets*
Nickadeemus (OP)

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12/15/2011 05:39 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Why does nobody ask where all the god damn Trillions are going? Did money just evaporate. Something stinks so bad about this 'recession' its not even funny.

I bet they are building something massively secret.
 Quoting: Anonymous Coward 7161355



Ahhh. Now you're getting warm. Nice catch. When you want to know what, let me know.


Nick®
supchuck
 Quoting: Nickadeemus


well if he won't ask, I surely will. Please let me know where the trillions are going and what massive secret are they hiding/building, pray tell?
 Quoting: Hmmmm 1007585





All over the world...
Nick®
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12/15/2011 05:40 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
"Ahhh. Now you're getting warm. Nice catch. When you want to know what, let me know."

Im guessing something that they have no control over. A guess would be something to do with space?
Anonymous Coward
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12/15/2011 05:42 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
I know about all the bunkers, seed vaults, vatican moving library along with NOAA, Cia moving to denver etc.

Im trying to find out why. Denver is the highest part of the USA so im leaning towards some type of flood.
cRoSS FiRe

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12/15/2011 05:47 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Merry karma pin, buddy.

dasbier
 Quoting: Revbo™


cocktail345

grouphug
"Nothing is as far away as one minute ago." --Jim Bishop

:gameizovar:

It's DO:OM o'clock. WAKE UP!
Limpan

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12/15/2011 05:47 PM

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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
QE3 next week, so the banks can run for another half year.
bump
Anonymous Coward
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12/15/2011 05:49 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Why does nobody ask where all the god damn Trillions are going? Did money just evaporate. Something stinks so bad about this 'recession' its not even funny.

I bet they are building something massively secret.
 Quoting: Anonymous Coward 7161355


Spaceships and underground bunkers.
Anonymous Coward
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12/15/2011 05:49 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Why does nobody ask where all the god damn Trillions are going? Did money just evaporate. Something stinks so bad about this 'recession' its not even funny.

I bet they are building something massively secret.
 Quoting: Anonymous Coward 7161355


before you let your (or others) imagination run away, remember alot of the money doesnt exist in the first place, its just accountcy.

anyway no money lost here yet, just a small change to the banks credit status.
Nickadeemus (OP)

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12/15/2011 05:49 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Nelsonhaha49823
 Quoting: Walkers Everywhere



Yeeeeehaaaaa! Couldn't have fucking happened to a nicer, more honest bunch of folks.

*breathes a sigh of relief...

dasbier
Nick®

Last Edited by Nickadeemus on 12/15/2011 05:49 PM
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Anonymous Coward
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12/15/2011 05:54 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
"before you let your (or others) imagination run away, remember alot of the money doesnt exist in the first place, its just accountcy."

.......You what? Of course it exists to the central bank and the people who own the IMF etc. All the debt is just another way to disguise money.
MrCharlest
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12/15/2011 05:56 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Seriously; If every institution is downgraded, what is the endgame? Explanation please.
Nickadeemus (OP)

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12/15/2011 05:57 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
QE3 next week, so the banks can run for another half year.
bump
 Quoting: Limpan



Yup! Most likely. My sources are indicating precicely that.

Nick®
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
"what is the endgame?" As far as im working out there isnt one. They are just stalling and stalling and stalling. MABIE because they know something is going to happen. By all the signs around us atm (nature, finance, EQ's etc) this appears to be the case.
Nickadeemus (OP)

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12/15/2011 05:59 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Merry karma pin, buddy.

dasbier
 Quoting: Revbo™


cocktail345

grouphug
 Quoting: cRoSS FiRe



I'll have a Martini Please ( Make it in the likeness of my x-gf) dirty as a m-effer and dry as a bone when I'm around.

Nick®
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cRoSS FiRe

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12/15/2011 06:03 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Merry karma pin, buddy.

dasbier
 Quoting: Revbo™


cocktail345

grouphug
 Quoting: cRoSS FiRe



I'll have a Martini Please ( Make it in the likeness of my x-gf) dirty as a m-effer and dry as a bone when I'm around.

Nick®
:nickbeer:
 Quoting: Nickadeemus


And fix her up with my ex hubby. dasbier
"Nothing is as far away as one minute ago." --Jim Bishop

:gameizovar:

It's DO:OM o'clock. WAKE UP!
Nickadeemus (OP)

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12/15/2011 06:05 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Merry karma pin, buddy.

dasbier
 Quoting: Revbo™


cocktail345

grouphug
 Quoting: cRoSS FiRe



I'll have a Martini Please ( Make it in the likeness of my x-gf) dirty as a m-effer and dry as a bone when I'm around.

Nick®
:nickbeer:
 Quoting: Nickadeemus


And fix her up with my ex hubby. dasbier
 Quoting: cRoSS FiRe



Sure! As long as he likes dirty sluts that are vicious life sucking bitches from which no man can escape, PM me for the digits. chuckle

Nick®
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12/15/2011 06:07 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Seriously; If every institution is downgraded, what is the endgame? Explanation please.
 Quoting: MrCharlest 1503437


they can borrow less, or rather it costs more to borrow. they might need to reduce their balance sheets, so sell off assets, retain more capital/AAA bonds or stop lending themselves. that last point is the one that worries everyone as each bank lends less there's less to borrow, so the wheels of economics slow and cease up.

sorry if there's not enough doom in there, but the reality is more prosaic than some would like.
Nickadeemus (OP)

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12/15/2011 06:14 PM
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
Seriously; If every institution is downgraded, what is the endgame? Explanation please.
 Quoting: MrCharlest 1503437


they can borrow less, or rather it costs more to borrow. they might need to reduce their balance sheets, so sell off assets, retain more capital/AAA bonds or stop lending themselves. that last point is the one that worries everyone as each bank lends less there's less to borrow, so the wheels of economics slow and cease up.

sorry if there's not enough doom in there, but the reality is more prosaic than some would like.
 Quoting: Anonymous Coward 7011434



Simplistic. True but simplistic. The machine known as the Federal Reserve is also in play here. The ECB and any other bank that has montitzation capabilities will surely continue to "ease" where they see fit. There are also investment vehicles that are continuing to hit the streets, so yes that's simplistically the right answer, but IMHO that there are so many other shades of complexity here that feable, yet cordile, attempts at abiguous belittlement might jut be a bit out of line.

Just sayin...
Nick®
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Re: Just In!!! Goldman Sachs, BOA, SOC GEN . MORGAN STANLEY, BNP & Others Down-Graded by Fitch!!!!
:tyre:

and F-U one star bandit.
bushfing

Nick®
 Quoting: Nickadeemus


you've been nicked nick by the one star bandit - revenge is sweethf

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