Entries Tagged as 's&p'

S&P ‘fat finger’ strips Germany of AAA rating and SEC associate director joins HFT

June 12th, 2010 14 Comments

Stacy Summary: Lots of fat fingers out there in our hyperactive digitally interlocked world. I love that despite S&P accidentally downgrading Germany the yields improved! Speaking of high frequency trading, Elizabeth King, an SEC associate director joins GETCO, who, along with Goldman Sachs, are a major SLP (see today’s On the Edge).

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Controlled Demolition! Now S & P Downgrades Spain!

April 28th, 2010 39 Comments

Stacy Summary:  Standard and Poor’s is on all out assault mode against European sovereign debt this week.  Floor by floor by floor.  It’s just downgraded Spain.   No doubt the turmoil following on these downgrades is conveniently distracting from their central role in the CDO frauds that are presently being investigated inside the US . [...]

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Baltic downgrades and Goldman sued

August 11th, 2009 191 Comments

Stacy Summary:  I recommend you follow all the related stories on ZeroHedge about Sergey’s lawsuit against Goldman.  I think there is the makings of a thriller in this story . . . S&P downgrades Latvia and Estonia Sergey Aleynikov files suit against Goldman

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