Moody's and the Glit
Posted: Fri Feb 22, 2013 6:47 pm
Looks like Moody's just downgraded the UK's credit rating.
Wish I owned some Glits!
Wish I owned some Glits!
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Moody's and the Glit
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Re: Moody's and the Glit
Posted: Fri Feb 22, 2013 7:21 pm
Is this the hip new way to say 'gilt', the way some young Filipino-Americans refer to themselves as "flip"?
Re: Moody's and the Glit
Posted: Fri Feb 22, 2013 8:56 pm
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.
Re: Moody's and the Glit
Posted: Fri Feb 22, 2013 10:11 pm
Stupid American.dualstow wrote: Is this the hip new way to say 'gilt', the way some young Filipino-Americans refer to themselves as "flip"?
Re: Moody's and the Glit
Posted: Sat Feb 23, 2013 1:01 am
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.
Re: Moody's and the Glit
Posted: Sat Feb 23, 2013 11:00 am
i am pretty sure "Moody's and the glit" was a two hit wonder pop band during the "British invasion" in the 1960's.
Re: Moody's and the Glit
Posted: Sat Feb 23, 2013 4:27 pm
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.
Re: Moody's and the Glit
Posted: Sat Feb 23, 2013 5:50 pm
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.