Who can make the rating agencies seem credible? The Spitz can. On today’s installment of financial Romper Room, the good ex-governor teamed up again with D-Rat and Sherrod Small to explain the intricacies of rating MBS. After his trademark call for greater integrity, the guy partly responsible for a brothel promotional campaign got to the heart of the matter and addressed RA fee agreements. Quid-pro-quo arrangements don’t sit so well with the Spitz. In fact just mentioning them led him to have a momentary flashback when remarking that the agencies cleverly hid those agreements as “the secret we don’t want anybody to know”.

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Comments (45)

  1. Posted by guest | August 6, 2009 at 1:44 PM

    Does his hat say Cank? As in, I loves me some cankles on a bitch?
    DK

  2. Posted by guest | August 6, 2009 at 1:51 PM

    @1, it says crank, as in “CG has a huge crank.”
    DR

  3. Posted by guest | August 6, 2009 at 1:53 PM

    Hey boys, I’m going to let you in on a little secret. D Ratigan and Spitzer fuck each other up the ass w/ dildos.
    -K. Olberman

  4. Posted by guest | August 6, 2009 at 1:54 PM

    Prosties, Greggo. Have to use the word Prosties in any article in any way related to The Spitz.

  5. Posted by guest | August 6, 2009 at 1:55 PM

    I love it when some hooker fuker lectures me on integrity. – Harold McGraw

  6. Posted by guest | August 6, 2009 at 1:55 PM

    Dyl Rat calls his strap on Dennis Kneale.

  7. Posted by NakedShort | August 6, 2009 at 1:56 PM

    @6 I thought he called it “The Clawback”

  8. Posted by guest | August 6, 2009 at 1:57 PM

    Cute nicknames, linking to previous posts to put things in context, punctuation, a video?
    Color me impressed. Add a few profanities in there and maybe there is still hope for you yet at this gig.

  9. Posted by guest | August 6, 2009 at 1:57 PM

    @6 & 7 you two are close, but it’s “Clawback Kneale”.

  10. Posted by guest | August 6, 2009 at 1:58 PM

    Look at that delicious piece of man meat; the smoldering eyes, the wonderfully untethered hair. Gives me da goosebumps something fierce.
    DR

  11. Posted by guest | August 6, 2009 at 2:00 PM

    I’m going to set myself up here, but I say the Fox News girls are infinitely better to look at than these CNBC trollops

  12. Posted by guest | August 6, 2009 at 2:03 PM

    @11 – go fuck yerself, friendo.

  13. Posted by guest | August 6, 2009 at 2:06 PM

    I agree with @11

  14. Posted by Investorcluzo | August 6, 2009 at 2:11 PM

    what is it with d rat and spitz? every time those two are together they seem to have a black guy there to watch as some sort of court jester (do they need a witness in case things go bad?)…
    http://dealbreaker.com/2009/07/eliot-spitzer-the-federal-rese.php?show=comments

  15. Posted by guest | August 6, 2009 at 2:12 PM

    Dylan Ratigan

  16. Posted by guest | August 6, 2009 at 2:17 PM

    @11… Agreed.
    The Fox News girls are the ones at the frat party you go for first, the CNBC girls are the ones you’ll settle for when you show up late and the hot ones have left.

  17. Posted by guest | August 6, 2009 at 2:19 PM

    @16 – No

  18. Posted by guest | August 6, 2009 at 2:20 PM

    @17, you’re blind if you don’t agree.

  19. Posted by guest | August 6, 2009 at 2:31 PM

    I believe its clear to everyone, that Elliot Spitzer, does indeed, like the pink.

  20. Posted by guest | August 6, 2009 at 2:32 PM

    They stole the “Playwrite Between Trades” idea for their “Masterpiece Theater”!!! Well, maybe not.

  21. Posted by guest | August 6, 2009 at 2:32 PM

    Fox News girls blow these busted CNBC cougars away. CNBC girls are the decent looking girls at the frat party that think they are much better than they are. Fox News girls are scarily hot and may even give you a chance

  22. Posted by guest | August 6, 2009 at 2:35 PM

    @16 So…you go fat early, huh?

  23. Posted by guest | August 6, 2009 at 2:36 PM

    @21 – No. Becky Quick’s lazy brown eye looks like heaven to me.

  24. Posted by guest | August 6, 2009 at 2:37 PM

    I like how the “clueless investor” in the skit is portrayed by a black. Epic win for the segment producer(s).

  25. Posted by guest | August 6, 2009 at 2:40 PM

    @ 24 there is really no need for that

  26. Posted by guest | August 6, 2009 at 2:40 PM

    raising the bar for diamond jamie. ka-chiiiiing, fellow taxpayers, we’ve just pocketed 20%. not bad when nasdaq is up 24%
    http://dealbook.blogs.nytimes.com/2009/08/06/morgan-stanley-buys-back-treasury-warrant/?ref=business
    “Morgan Stanley said on Thursday that it has agreed to pay $950 million to buy back a warrant it issued to the federal government as part of the broad financial rescue plan rolled out last fall.”

  27. Posted by Investorcluzo | August 6, 2009 at 2:41 PM

    @24 – thanks for playing, but if you were paying attention the black guy is playing the rating agencies. they weren’t clueless, they were conspirators. epic fail for you.

  28. Posted by guest | August 6, 2009 at 2:43 PM

    Who are you people and what have you done with Friendless Horseman?

  29. Posted by guest | August 6, 2009 at 2:44 PM

    ratigan looks like a make a wish kid

  30. Posted by guest | August 6, 2009 at 2:45 PM

    I want those 5 minutes of my life back.

  31. Posted by guest | August 6, 2009 at 2:45 PM

    @ 24, what’s it feel like to be a racist

  32. Posted by guest | August 6, 2009 at 2:46 PM

    Does anybody want some of my Dominican Milkshake?
    DK

  33. Posted by guest | August 6, 2009 at 2:47 PM

    @30 – Now that is funny.

  34. Posted by Investorcluzo | August 6, 2009 at 2:47 PM

    @26 – I love the comment on bbg:
    “They didn’t pay full price like Goldman did”
    http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=MS%3AUS&sid=aOCZTNZdkl7w
    this suggests they were better negotiators than the boys and girls at 85 broad. or was it just that mad max her band of merry men kept them from pounding the table to loudly?

  35. Posted by guest | August 6, 2009 at 3:02 PM

    @35 – You just ruined this blog forever.
    Thanks

  36. Posted by guest | August 6, 2009 at 3:11 PM

    ugggggh where is bess

  37. Posted by guest | August 6, 2009 at 3:16 PM

    Segment producers were super, super sensitive to stereotypes when casting this little vignette:
    There is no way that Mr. Spitzer, a Jew, could be allowed to wear either the bank hat or the rating agency hat, as both of the these hats would enshroud Mr. Spitzer in unflattering Jewish stereotypes – as being duplicitous, crafty, and self-serving. The disgraced former governor is, of course, none of the aforementioned. Er, wait a second . . .
    Similarly, it would be completely implausible to have the black wear the bank hat. Blacks usually never have any money – and certainly never have money to lend. Yes, having the hip hop commedian thug wear the rating agency hat was a total producer coup, insofar as the black is fairly portrayed for what he is: a middle man hustler.
    Hats off to CNBC!

  38. Posted by Anal_yst | August 6, 2009 at 3:20 PM

    Wait, is the Spitz alleging that no one knew the rating agencies were conflicted? Fo reals?

  39. Posted by guest | August 6, 2009 at 3:21 PM

    goddamnit greg, you should know by now that ANY reference to the good spitz requires the obligatory semi-NSFW picture of the prostie on the boat with her teeters hanging out…jesus, this is week 1 stuff

  40. Posted by guest | August 6, 2009 at 3:27 PM

    I’d say they never get old, but then this is Greg’s post and they aren’t there, and well, we all know what we get with Greg’s post

  41. Posted by sourceclosetodiscussions | August 6, 2009 at 3:45 PM

    Greggums,
    Mom is feeling a little constipated and my stools are little yellow today. Dr. Gettinsum said that I should eat some fruits and vegetables before seeing the specialist. Would you be a dear and pick some up on your way home. Don’t forget to buy swabs for the little weekly colon check you do for me, we’re just about out.
    Love,
    Mom

  42. Posted by guest | August 6, 2009 at 4:36 PM

    @33 – explain.
    -guy in punta cana
    – tgfD (detroit)

  43. Posted by guest | August 6, 2009 at 4:47 PM

    @11 You’re not kidding. FBN babes are like a dream in living color. Sandra, Liz, Alexis, these babes are so beyond hot compared to the washed-up cnbc women who look angry and annoyed. Hellowwww Fox

  44. Posted by guest | August 6, 2009 at 4:50 PM

    @44 heck yeah. Did you see Liz Claman and Sandra Smith today together? I want a sandwich

  45. Posted by guest | August 6, 2009 at 11:39 PM

    @42, FTW!

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