cruel, but funny nonetheless

Moody's Warns of Potential for LTCM-Style Hedge Fund Collapse

By John Glover
Aug. 16 (Bloomberg) -- Moody's Investors Service warned t
global credit rout may cause a major hedge fund to collapse,
along similar lines to the demise of Long-Term Capital
Management LP in 1998.
Hedge funds face potential losses on collateralized debt
obligations, securities packaging other assets, Chris Mahoney,
vice chairman of Moody's said on a conference call today.
``A possible consequence of the repricing of risk assets
would be the failure and disorderly liquidation of a hedge fun
or other institution of sufficient size as to disrupt markets,
as LTCM threatened to do in 1998,'' Mahoney said.

hold on tight its gonna be one helluva ride!

Hey if you have stock and want to sell it, who has to buy it?

Yes....we missed everything to date. We were coopted by the street and now that its obvious that more big funds are going out of business, we are going to predict the obvious.

By the way, we don't want to be called before congress this fall, or Anderson-ed out of business, so we have re-organized to try to separate ratings from marketing and research and analytics this week.

its so obvious that we are culpable in this thing that we are going to get ahead of the investigation ourselves.

They were crying because they just had meaningful sex with someone other than a prostitute. It was a first for them.

moodiots

so what's with all the laughs? I guess GS is supposed to be the best but they lost 27% on one of their hedge funds? I guess that is rather humbling.

Does anyone have an update on the London HF liquidating?

I am more concerned about the grown men crying. I'll go buy them a kebab.

Are you serious Bess? How are we supposed to know when you're reporting the news and when you're just making it up?

yah Bess, are you being serious

reports are partially correct; grown men are crying, they are still inside though, haven't yet made it out

all three goldman funds will ultimately liquidate in my opinion.

Trust me, other than potential bonus cuts everything's gonna be alright. Blame the media!! Jon Blau of Credit Suisse,

The financial reporter of course prints that because he wants to make a big splash with his editors so that he can move on to some other job that he’d much rather have, say working on the political desk.

So we have this amplification because of the nature of the fact that the bad thing is now happening to us. Nevertheless we still see robust economy and low volatility in most of the developed markets around the world."

Wipe those tears you lil' b|tches!

Moody's KMV is the most fucked-up credit rating system: it runs on the senile academic models of the 1970s!!!

the rating agencies are in for some law suits

Any news on the cry guys?