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SUGAR WE'RE GOING DOWN GRADING

By Foster Kamer 8/09/11 12:22pm

SUGAR WE'RE GOING DOWN GRADING

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Single Mother from St. Louis Flying Banner Over Lower Manhattan: ‘Thanks For The Downgrade. You Should All Be Fired.’ (UPDATED)

Originally spotted on Twitter by American Banker, someone paid for an airplane to fly around Manhattan—reportedly near the Standard & Poor’s offices—with a banner screaming: “THANKS FOR THE DOWNGRADE. YOU SHOULD ALL BE FIRED.” Pictures and more sightings are beginning to emerge. Full image below: Read More

By Foster Kamer 8/05/11 5:20pm

SUGAR WE'RE GOING DOWN GRADING

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U.S. Government Reportedly Bracing for S & P Downgrade That Reportedly Won’t Happen Today

Reports are filing in that a downgrade on America’s long-term credit rating (or the “AAA” status we just reaffirmed with the other two agencies, Moody’s and Fitch) is on the way from Standard & Poor’s, the agency whose credit rating the part of the country that pays attention to this kind of news has been waiting for.

Unfortunately, this was not the exact stripe of news they were waiting for. This is what you get for tempting fate. Or for never paying Columbia House. Read More