130 point reversal in 10 minutes.... Wholly Shit!!! Betting on some shitty jobs numbers?
Apparently there is a rumor MBIA may cut the rating... This is getting as old as the overnight rate cut rumor......
LOL it's an S&P Equity downgrade... I'm starting to think S&P is short MBIA......as a hedge, against getting sued. they Reiterated it....... Talk about manipulation.
Eh!!!! I've got a little man love for charlie Gasparino, nothing I want to see more than S&P gone after. Fuckheads, and I quote SEC fool.
"the SEC has no regulatory authority over MBS"
wait a minute Securities and exchange commission, mortgage backed securities....?? no authority huh??.... doesn't understand how it works... Sounds like lazy government fat heads to me....
Thursday, January 31, 2008
Damn
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