THE POETIC FINANCIAL DISSENT AS FLOWN BY AIRPLANES TREND CONTINUES!

Yeah, we can't read it either.

New Plane With Banner Flies Over Manhattan: ‘Downgrade Hurts USD Not Ruble Always Be Frugal’ (UPDATED)

We recently chronicled the excitement that is a plane flying over Manhattan with a message flying behind it, directed towards Washington DC, that read:

They note on their site:

Standard and Poor’s recent downgrade of US government bonds from the highest AAA rating to AA+ is painful. Because the downgrade is like having our Read More

opinion

down_graph-blog_thumbnail1

Why the Downgrade Means Absolutely Nothing

If you thought the debt ceiling deal would forestall a taste of financial Armageddon, well, you obviously were wrong—but don’t beat yourself up. President Obama and lots of other smart people in Washington were of a similar mind.

The folks at Standard & Poor’s spent years giving their approval to all kinds of dubious Read More

SUGAR WE'RE GOING DOWN GRADING

368650389

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

Graphic Porn: Asking Rents Trend Up and Down in Wake of S&P

Kudos to Jones Lang LaSalle’s research director, Jim Delmonte, for this graph demonstrating the strong correlation between asking rents in New York City and the health of the financial industry.

"This shows the performance of the Standard & Poor’s 500 against asking rents for midtown, and you can see there’s a strong correlation between Read More