MOODY'S PLACES ITSELF ON NEGATIVE WATCH
In light of the prior post, I couldn't help but be amused by this commentary:
MOODY'S PLACES ITSELF ON NEGATIVE WATCH
Washington - Moody's the ratings agency, has placed itself on negative watch, citing it's horrendous track record at rating just about everything except t-bills.
"We suck. We couldn't spot an investment-grade bond in a box of Confederacy Debentures or Continental Bank CD's." said one source at the agency...
That is perhaps a not-so-obvious joke.
However, this recent article is not: Recession a big worry but not likely: Moody's
Good call, guys -- Triple AAA!
Thursday, January 24, 2008 | 05:30 AM | Permalink
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It reminds me of when one of the Rutles sued himself by accident.
Posted by: The Dirty Mac | Jan 24, 2008 6:25:31 AM
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