Posts Tagged ‘ NY FED ’

All but 7 of the NY Fed’s Primary Dealers were downgraded by S&P tonight

LEATHERFACEs&pTN

By John Galt November 29, 2011 – 17:20 ET All but 7 of the Primary Dealers from the NY Federal Reserve list were downgraded today. Gee, maybe holding AAA crap paper from the U.S. Government isn’t enough to insulate the banksters from even more hurt. Or maybe all parties involved just need to print more money, more bonds, more equities, and call it the largest crap issue in history. All banks in bold and italicized were downgraded today. Bank of Nova Scotia, New York Agency…

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