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CNBC Stars On The Onion

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Wed, 08/19/2009 - 02:20 | 40776 Anonymous
Anonymous's picture

So True It Hurts...

Wed, 08/19/2009 - 02:28 | 40778 Ducky
Ducky's picture

yeah that was great. too true.

cnbc is a symptom of a larger problem though. not the cause that they get the rap for.

too many morons in suits that underperform. said morons don't want long term underperformance to become common knowledge. morons and too big to fails unite! all others be screwed! (we just did what gs said)

Wed, 08/19/2009 - 02:37 | 40779 Miles Kendig
Miles Kendig's picture

The best comedy is premised upon the acts of stupidity the audience sees before it.

Wed, 08/19/2009 - 02:46 | 40783 Comrade de Chaos
Comrade de Chaos's picture

China fell, another 4 %. If I were buying into the green shoot parade, I would be rather worried. 

Wed, 08/19/2009 - 02:51 | 40784 Cheeky Bastard
Cheeky Bastard's picture

im doing my happy dance and i will treat myself with hookers and blow tonight; my shorts are ROCKIN

Wed, 08/19/2009 - 03:04 | 40787 Anonymous
Anonymous's picture

hope you can cash out now, might be up by the open

Wed, 08/19/2009 - 03:05 | 40788 Apocalypse Now
Apocalypse Now's picture

What did you short, general Shanghai index?

Wed, 08/19/2009 - 03:11 | 40791 Cheeky Bastard
Cheeky Bastard's picture

top financials, oil, some developers and industrial and financial sub-index on HSI, didnt play Shanghai so much, but HK. made some nice profits the past three days.

Wed, 08/19/2009 - 04:47 | 40817 Anonymous
Anonymous's picture

i'm glad your shorts are doing well - maybe you've made back some of your losses fanboy!

Wed, 08/19/2009 - 04:49 | 40819 Milton
Milton's picture

Cheeks, do you think this vid is accurate?

http://www.youtube.com/watch?v=ektMQGbW3wk

thanks for your opinion.

Wed, 08/19/2009 - 06:49 | 40850 Cheeky Bastard
Cheeky Bastard's picture

yes buddy, very true; they have built infrastructure  based on two tings a) needed mirage fo growth b) over-stretched ( and i mean like light years overstretched ) belief that the world will economically grow for ever. There is a mass exodus of Chinese workers back to the country from metropolitan areas and that WILL hurt, and hurt bad CRE, RE sector and the overall economy. Basically they can afford themselves to play this game because the political system is as it is; but they can not afford to buy endless amount of US debt just to keep themselves from not imploding; also the yuan peg allows them to be creative and to have a currency advantage, although if the crisis does not end in the next 5 yrs ( and i dont see how it could looking at Alt-A and Opt-Arm defaults in '10 and '11) they will need to float the yuan, then, all bets are off. Excellent vid, thanks for that.

Wed, 08/19/2009 - 07:41 | 40867 Sqworl
Sqworl's picture

Cocktails and time released Cialis on CB tonight!!!  blow courtesy of USD...;-)

Wed, 08/19/2009 - 10:56 | 41038 Milton
Milton's picture

Thanks for your insight. My friend is an architect in Manhattan and there's absolutely nothing going on so he's opened an office in Shanghai. I dunno......

Wed, 08/19/2009 - 03:07 | 40790 Anonymous
Anonymous's picture

hope you rang the cash register...

Wed, 08/19/2009 - 04:31 | 40810 Optimystic
Optimystic's picture

Guess that leaves out WallstreetPro2.........shit, he'd been a good one too.

Wed, 08/19/2009 - 06:44 | 40846 rigger mortice
rigger mortice's picture

now that would be cool........

Wed, 08/19/2009 - 05:03 | 40830 Anonymous
Anonymous's picture

they pay union scale ?
benefits too, like influencing your very own personal options positions, day-trade that morning?

Wed, 08/19/2009 - 08:42 | 40894 Anonymous
Anonymous's picture

After they get done appearing on CNBC, do they get to run AIG for 6 months?

Thu, 08/20/2009 - 11:35 | 42259 Anonymous
Anonymous's picture

You could say the same thing about ringing the opening bell of the Toronto Stock Exchange

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