Wow three posts in one day. It's like 2004 all over again. Telling example, here, of how ill-equipped mainstream business writers have been to write about debt markets. Gretchen Morgenson and Jenny Anderson's article on the commercial paper market kept referring to Standard & Poor's, the rating agency as "The S.&P", as one would refer to the stock index, the S&P500. S&P alone will do just fine. With luck they'll fix it before the print issue.