Frontrunning: February 2

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Wed, 02/02/2011 - 09:53 | 926919 snowball777
snowball777's picture

hit a record of $135 billion

Damn, even the shittiest con-man knows when to let the mark win a little.

Wed, 02/02/2011 - 09:59 | 926946 SheepDog-One
SheepDog-One's picture

Exactly mu thoughts! Only the worst casino riggers win each and every bet time after time...these clowns are just stealing every hand, saying their 2 pairs beats everyone elses flush or 2 pairs, and they wonder why everyone has left the casino and wring their hands over how theyll 'regain confidence'? Preposterous!

Wed, 02/02/2011 - 10:13 | 926974 whatz that smell
whatz that smell's picture

"When you see that in order to produce, you need to obtain permission from men who produce nothing - When you see that money is flowing to those who deal, not in goods, but in favors - When you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - When you see corruption being rewarded and honesty becoming a self-sacrifice - You may know that your society is doomed." -- Ayn Rand, "Atlas Shrugged", 1957

Wed, 02/02/2011 - 11:44 | 927373 Vorpal1
Vorpal1's picture

Not junk.
deTocqueville revisited Ayn more direct !

Wed, 02/02/2011 - 09:53 | 926920 Racer
Racer's picture

No sign of banksters suffering like the starving poor eh!

Wed, 02/02/2011 - 09:55 | 926928 Wynn
Wynn's picture

Got wheat?

Wed, 02/02/2011 - 10:01 | 926952 SheepDog-One
SheepDog-One's picture

Good Lord! Thats gonna leave a mark! I heard from a friend there 2 days ago the wind was worse than Katrina, way worse than their last typhoon. This is more than just a couple cases of weird weather world wide its biblical stuff goin down before our eyes.

Wed, 02/02/2011 - 10:14 | 926982 Oh regional Indian
Oh regional Indian's picture

Indeed SD1. How about the Snowstorm in the US. Looks pretty darn biblical too.

Tipping point indicators abound, eh?


Wed, 02/02/2011 - 10:31 | 927002 jesusonline
jesusonline's picture

Check the height of the waves recorded at Townsville:

The projected path:

If it wasn't so horrible it could be ironic - check the designation just above Cairns.
"Cape Tribulation"

Wed, 02/02/2011 - 10:23 | 927017 snowball777
snowball777's picture

Damn...Ian Plimer's on the wrong coast to get fucked by it.

Wed, 02/02/2011 - 10:01 | 926950 Oh regional Indian
Oh regional Indian's picture

Yasi is a huge one. Terrible for Queenslanders. Terrible.

And I heard really bad for Sugar (something like 24 major Sugar mills shut-down).

Sugar, wheat, coal....ergo... everything food, steel...we are staring price spikes due to extensive commodity destruction, force majeure and all that.

And Kamezaki? For a moment I read Kamekazi and thought I was having a Brian Sack name moment!


Wed, 02/02/2011 - 10:20 | 927003 Johnny Lawrence
Johnny Lawrence's picture

Bank of America Chief Executive Brian Moynihan got a 67% bump in his total compensation for 2010, the company said Monday. Goldman Sachs Group Inc. tripled the salary of Chairman and CEO Lloyd C. Blankfein and increased his stock-based bonus 40% to $12.6 million.

Wed, 02/02/2011 - 10:25 | 927020 snowball777
snowball777's picture

Anyone who can stay that full of shit for that long probably deserves a raise.

Wed, 02/02/2011 - 10:27 | 927036 blackbox
blackbox's picture

US Treasury official says still a lot of uncertainty over whether the debt limit will be reached FIXED INCOME COMMENTARY

- treasury revises estimate for reaching debt limit to between Apr 5 and May 31
- expects coupon auction sizes to be stable in coming months
- committee discussed ultra long bond issuance of 40-year to 100-year maturities
- will establish minimum interest rate of 0.25% for all new TIPs and Coupon securities
- additional measures after hitting debt limit can last up to 8 weeks more
- proceeding with borrowing plans on assumption that congress will raise the debt limit

Source: RTRS

Wed, 14:03 02-02-2011


Cool! Max out your credit cards on assumption that your credit limit will be raised!


F'ing nuts.

Wed, 02/02/2011 - 11:19 | 927253 uhb
uhb's picture

!total compensation and benefits at publicly traded Wall Street banks and securities firms hit a record of $135 billion!

hmpf.. i should work for the goldman sux, ripping off the american ppl ;)

Wed, 02/02/2011 - 11:48 | 927393 gwar5
gwar5's picture

FT behind zerohedge --

That's why we love zero hedge. Amazing information. It's like looking over Benbabwe's shoulder. Thanks.

Wed, 02/02/2011 - 12:17 | 927549 Oh regional Indian
Oh regional Indian's picture

gwar, Benbabwe it is from here on after.

Let's make it a meme. The Great benbawian flood of 2010 will be spoken of with awe in gnostic circles for aeons.

Also, I declare every swipe of a credit card a personal benbabwe moment (disclosure, no CC since 2006).

Benbabwe's tales for his grandspawn!


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