East Hampton Downgraded By Moody's From Aa3 To A1 | zero hedge
by Tyler Durden
For the days of yore 15 months, Michael Sabia, chief manager of Caisse de depot et employment du Quebec, has had his hands full cleaning up the butt in radical by his ancestor Henri-Paul Rousseau. Not only was there a tarnished portrait to fix, but Mr. Sabia's been complex cleaning up its level monthly following the nearing $40-billion denial the Caisse suffered in 2008.
The irony and the Freudian displacement reciprocation are just too much. Since Inconstant's knows it would be kneecapped and Angel-o'ed the split second it downgrades the UK, Germany or France, it has unconditional to bull-whip out at the very people who will be the occasion of the next, and deadly for the rating activity, precise of congressional grillings in a year or so, when Europe is bankrupt and Blue's is questioned why it kept England at AAA until two days after the pre-eminent oversight.
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