Frontrunning: March 30

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Wed, 03/30/2011 - 09:17 | 1116509 Careless Whisper
Careless Whisper's picture

What's the over/under on how many days until Florida Gov Scott resigns due to a financial scandal?

Scott had pledged during the campaign to put his financial holdings into a blind trust when elected, but instead transferred his Solantic stock to his wife, Ann, in January.

...refused to directly answer whether he would consider prohibiting the state from contracting with the firm


Wed, 03/30/2011 - 09:25 | 1116528 snowball777
snowball777's picture

That bald prick should take a bullet. Yet more proof that Florida is the dumbest fucking state in the union by a yard and a mile.

Wed, 03/30/2011 - 09:18 | 1116513 the not so migh...
the not so mighty maximiza's picture

with dodd-frank, criminals writing laws never ends well.

Wed, 03/30/2011 - 09:26 | 1116537 Tulli
Tulli's picture

You know what (.....) it's all futile.

It really is. All the analysis, all the effort, all the hours spent studying... futile.

Ben wants higher equity prices. Period.

We may agree or disagree.

But we have portfolios to nurture.

Stock picking became useless.

Correlations do not work any more.

Technical analysis is long dead.

Good news are good.

Bad news are great. As an example - Japan goes offline? Bullish.

Just BTFD and remember to use the proceeds to buy gold.

Wed, 03/30/2011 - 09:32 | 1116551 oh_bama
oh_bama's picture

Why IVY ALUM STOP interviewing kids has ANYTHING to do with today's market, which will be up for sure anyway?

Wed, 03/30/2011 - 09:35 | 1116560 Howdan
Howdan's picture

Tulli - Yes, yes, yes.

Just when will all us rational people understand that Thebenbernank, CEO of the World's Greatest Ponzi Scheme doesn't give two hoots about crappy fundamentals, a worsening housing market, terrible consumer confidence, rapidly rising US debt ceiling, failing banks etc. etc just as long as the stock market keeps on a'rising happily.

How short are these morons' memory spans?

And don't even get me started on the new "Tulip Mania" aka social networking companies being valued at $ multi-billions and 200+ multiples of (pie in the sky?) "projected" earnings.

Wed, 03/30/2011 - 09:38 | 1116570 Careless Whisper
Careless Whisper's picture

Alex Jones. 2005. Explains the real Alan Greenspan and the coming housing crash;



Wed, 03/30/2011 - 10:52 | 1116890 glenlloyd
glenlloyd's picture

That Greenspan revelation that Dodd Frank is an epic fail is nothing new to anyone here, why they let that geezer write anything anymore is beyond me, he still denies that he had a hand in this mess.

Wed, 03/30/2011 - 11:36 | 1117125 rlouis
rlouis's picture
Perhaps on reflection former Fed Chairman Greenspan would reconsider the wisdom of his long and tireless efforts to repeal Glass-Stegall? Final paragraph of the FT article:

The vexing question confronting regulators is whether this rising share of finance has been a necessary condition of growth in the past half century, or coincidence. In moving forward with regulatory repair, we may have to address the as yet unproved tie between the degree of financial complexity and higher standards of living.

The writer is former chairman of the Federal Reserve

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