Update: Airplane Flies Banner By Wall Street That Says "Thanks For The Downgrade. You Should All Be Fired."
Earlier today, an airplane buzzed Wall Street towing a banner that said, “Thanks For The Downgrade. You Should All Be Fired.” Update: FORTUNE got in touch with the person who flew it. She’s a Midwestern mother and an investment banker.
Last night the woman shot up in bed with the burning conviction that she needed to take her rage over the economic quagmire right to the doorsteps of those she felt responsible for it. “I originally wanted to fly it over Washington, D.C., but learned that you can’t do that,” she told FORTUNE. “So I chose Wall Street instead, but didn’t specifically intend it to fly over S&P. I’m just a mother from St. Louis who feels the only reason we got downgraded was people in politics.”
The New York Observer interviewed the woman’s friend who gave more insight into her motives. “She’s not mad at S & P, she’s mad at Washington D.C. She called me up to have me talk her out of it, and of course, I didn’t,” her friend told The New York Observer, “because I think it’s funnier than shit.” Also, the friend says that the banner-wielder “does not have a lot of discretionary cash as others are saying. She’s a single mother of two. She’s been working and paying taxes since she was 16 years old.”
The news was first broken by American Banker via a tweet. New York Observer has two pictures of the banner.
It seems people are so pissed with the downgrade right now that they’re willing to hire an airplane to fly a banner over the financial district to express their sentiment.
It’s interesting to note that when news came out that rating agencies had rated toxic garbage mortgage-back securities AAA, an important cog in the wheels of destruction that was the mortgage market implosion, nobody hired any banner-dragging airplanes to buzz their offices.
Airplane Flying Banner by S & P Offices: “Thanks For The Downgrade. You Should All Be Fired.” [New York Observer]
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