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Moody's Hammer To Fall At 4 PMm 17 of these POS I hear LOL weeeeeeeeeee

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 21 Jun 12 11:37 PM | 41 view(s)
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Submitted by Tyler Durden on 06/21/2012 - 15:30 AIG American International Group Bank of America Morgan Stanley

From Bloomberg citing CNBC, which apparently is where Moody's leaked all its data

MOODY’S TO UNVEIL BANK DOWNGRADE AT 4PM: CNBC
CNBC SAYS B OF A L-T DEBT RATING TO BE CUT BY 1 NOTCH BY MOODYS
CNBC SAYS CITI, JPM AND GS L-T DEBT RATING WILL BE CUT 2 NOTCH

So... this leaves Morgan Stanley with the dreaded 3 notch cut which automatically springs up to $9.6 billion margin calls and memories of AIG? Assume crash positions.

http://www.zerohedge.com/news/moodys-hammer-fall-4-pm




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