Looks like Moody's just downgraded the UK's credit rating.
Wish I owned some Glits!
Moody's and the Glit
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Moody's and the Glit
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Pascal
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dualstow
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Re: Moody's and the Glit
Is this the hip new way to say 'gilt', the way some young Filipino-Americans refer to themselves as "flip"?
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Re: Moody's and the Glit
These ratings agencies are so stupid. It's staggering.
I can hear the Harriers warming up now to buzz the UK Moody's offices.
I can hear the Harriers warming up now to buzz the UK Moody's offices.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Moody's and the Glit
Stupid American.dualstow wrote: Is this the hip new way to say 'gilt', the way some young Filipino-Americans refer to themselves as "flip"?
"All men's miseries derive from not being able to sit in a quiet room alone."
Pascal
Pascal
Re: Moody's and the Glit
The Glit is the British version of the Gimp of "Pulp Fiction" fame.dualstow wrote: Is this the hip new way to say 'gilt', the way some young Filipino-Americans refer to themselves as "flip"?
Moody's has been building a box in its basement to hold the Glit.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Moody's and the Glit
i am pretty sure "Moody's and the glit" was a two hit wonder pop band during the "British invasion" in the 1960's.
Last edited by l82start on Sat Feb 23, 2013 2:26 pm, edited 1 time in total.
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Re: Moody's and the Glit
This is pathetic to even ask but what happened to their bond rates after this announcement? I'm way too lazy right now to try and find out.
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Re: Moody's and the Glit
It's sort of like the way reports of a viral outbreak among unicorns will often have little impact on the unicorn futures market.Desert wrote: "This has been speculated as inevitable and is most likely largely in the market. I would expect only very limited damage to the gilt curve and to sterling. Historically, losing your AAA is actually a bond bullish event," he said.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”