BAC Downgraded by Moodys
By Barry Ritholtz - September 21st, 2011, 12:28PM
*MOODY’S DOWNGRADES BANK OF AMERICA CORP; BANK OF AMERICA N.A.
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
September 21st, 2011 at 12:33 pm
What took them so long?
Never mind, I already know the answer.
September 21st, 2011 at 5:36 pm
so inquiring minds would like to know .. did it help or hurt the mentioned players in advance of the FED twist & mortgage refi spin?
September 22nd, 2011 at 3:36 pm
more specifically meaning .. allow corporation stock buy backs at cheaper quotes .. knowing that the dollar will never be toast and the banks that have that land and properties full of sized wood and copper will always be worth something after the deleverage ?