This week’s music brought to you in part by PRZ and AS&AP.

Now onto today’s top stories…

Delaware  Online Article

Nobody missed the big rating agency story earlier this month: Standard and Poor’s downgraded its rating of U.S. debt for the first time in history.

But S&P also surprised the financial community with another announcement that didn’t get much press outside specialized journals. This announcement, believe it or not, may have been a positive development and a sign that rating agencies may finally be acknowledging the mistakes they made that helped cause the financial meltdown.

On the day before its federal debt downgrade, in a totally separate action, S&P announced that it would not rate the notes in a $1.5 billion offering of Commercial Mortgage Backed Securities already placed with investors by Goldman Sachs and Citigroup.

Wait, what? So are you telling me that the S&P aren’t just a group of cocksuckers who are money mongers? WOW /sarcasm

Ok, so maybe that was a little harsh, but let’s be honest, S&P pissed off a lot of people off a couple weeks back. Gee thanks, STANDAND & POOR’S. Thanks a lot of for making us lower than ISLE OF MAN! What is this nonsense.

By the way, last Friday in case you missed it…

Jon’s Report

Palin’s going to be going to Iowa lmao…nuff said.

On to game news…

Nintendo President Takes Pay Cut

Iwata, Nintendo of Japan CEO, took a 50% pay cut after the 3DS launch. Miyamoto and other execs are legibly taking 20-30 percent cuts as well.

That’s our show tonight, goodnight everyone.